MUTTENZ (dpa-AFX) - Clariant AG (CLN.SW), a speciality chemical company, on Thursday reported a net loss for the year ended December 31, 2025, mainly due to a non-cash cumulative translation adjustment (CTA) of CHF 230 million.
Income before taxes fell to CHF 46 million from CHF 370 million in the previous year, reflecting a surge in finance costs to CHF 334 million compared with CHF 99 million.
Operating income declined to CHF 362 million from CHF 440 million.
EBITDA declined 2% to CHF 643 million, while EBITDA before exceptional items increased 5% from the prior year to CHF 697 million.
The company reported a net loss attributable to shareholders of Clariant of CHF 75 million or CHF 0.23 per share, versus a profit of CHF 244 million or CHF 0.74 per share a year earlier.
Excluding one-time items, the company posted net income of CHF189 million.
Sales declined 6% to CHF 3.915 billion from CHF 4.152 billion last year, while sales were flat in local currency terms.
The Board has recommended a regular distribution to shareholders of CHF 0.42 per share.
For fiscal 2026, Clariant expects sales in local currency to remain broadly flat.
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