Clariant reports second-quarter EBITDA before exceptional items up 10% year on year (YOY) to 256 million Swiss francs, missing analysts' consensus estimate by 1%. Sales grew 9% YOY to SFr1.7 billion and Clariant's EBITDA margin edged up to 15.4% from 15.2% in the year-earlier period. Organic sales growth was 7% in the second quarter, Clariant says. Net profit has not been disclosed. Clariant's care chemicals and catalysis businesses were the main growth drivers with organic growth of 10% and 11%, respectively.
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