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Clariant reports Q3 core profit below expectations

By Reuters News

Nov 3 (Reuters) - Swiss specialty chemicals maker Clariant CLN.S reported a weaker-than-expected core profit in the third quarter on Tuesday, as volumes in its Catalysts business remained affected by the Middle East conflict.

It said its adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 6.5% year-on-year to 151.5 million Swiss francs ($185 million), below analysts' forecast of 159 million francs in a company-provided poll.


($1 = 0.8180 Swiss francs)

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