Strong start to 2021 / Q1 revenue up 8% / Three distributors acquired in EMEA
CEO Piet van der Slikke (Photo: IMCD)
Strong industrial demand and acquisitions helped boost first-quarter results at Dutch speciality chemicals distributor IMCD (Rotterdam; Versus the year-earlier period, revenue rose 8% to EUR 809.9m led by the Asia-Pacific and EMEA segments. Operating EBITA soared 28% to EUR 90.6m. Without going into detail, CEO Piet van der Slikke said with the promising start, he was optimistic that IMCD would be able to “further grow its business this year.”

The EMEA segment sales increased at an annual rate of 6% to EUR 390.6m, the company said, while operating EBITA gained 15% at EUR 44.2m. During the reporting period, IMCD said it strengthened its pharma, food and personal care activities in EMEA by acquiring three distributors: Ejder Kimya (Istanbul / Turkey;, Siyeza Fine Chem Propriety (Johannesburg / South Africa) and the pharma activities of Netherlands-based Peak International Products.

The Americas segment saw a 4% decline in revenues at EUR 251.4m, with operating EBITA flat at EUR 25.4m. The company’s Asia-Pacific segment was the star performer, with sales rising 39% and operating EBITA up 127%.
06.05.2021 [247573-0]
Published on 06.05.2021
IMCD: Steigende Industrienachfrage in China und EU stärkt BilanzGerman version of this article...

© 2001-2021  |  Imprint  |  Privacy  |  Cookie settings is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2021 by, Bad Homburg
Date of print: 22.10.2021 08:23:31   (Ref: 282670429)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: