IMCD reports rise in sales, profits in 2021
Chemical

IMCD reports rise in sales, profits in 2021

Company has proposed dividend of EUR 1.62 in cash per share as against EUR 1.02 in 2020

  • By ICN Bureau | February 25, 2022
IMCD N.V. has reported a strong growth in its sales as well as profits in 2021. Company's revenue grew by 24% to EUR 3,435 million and the gross profit rose by 29% to EUR 836 million. Operating EBITA increased by 54% to reach EUR 374 million. 
 
Company's net result for the year increased by 73% to EUR 207 million while the cash earnings per share increased by 53% to EUR 4.64. Company has proposed dividend of EUR 1.62 in cash per share as against EUR 1.02 in 2020. 
 
Piet van der Slikke, CEO: "I am pleased to report a year of record growth: operating EBITA increased by 54% and cash earnings per share by 53%. In 2021, all our regions and business segments showed strong growth, both organically and as the result of strategic acquisitions. I want to specifically mention the strengthening of our business in Mexico, Central America, China and Indonesia, that position us well to serve our customers and suppliers in these attractive markets. Our teams have worked tirelessly to maintain supply to our customers, overcoming challenges that persisted in 2021. The economic environment is still favourable for us and we are quite optimistic about further growth for our Group."

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