AAAGY Altana AG featured news, full reports, and detailed charts
Altana AG (AAAGY/AAAGY.PK) Wrap Up:
ALTANA Aktiengesellschaft develops, produces, and distributes specialty chemicals for the manufacture of paints and coatings for various applications worldwide. It operates in four divisions: Additives & Instruments, Effect Pigments, Electrical Insulation, and Coatings & Sealants. The Additives & Instruments division offers wetting and dispersing additives for the even distribution and stabilization of solids in liquids, and defoamers and air-release additives that eliminate air bubbles in coatings and plastics. It also provides measuring and testing instruments to measure the surface properties of coatings and plastics. The Effect Pigments division produces and distributes metallic and pear...www.altana.com
4,791 Employees
Founded in 1977
Altana AG (AAAGY:OTC)
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Market Cap
3.0B
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Total Revenue
1.1B
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EBITDA
153.8M
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DILUTED EPS TTM
0.36
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P/E
41.9x
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P/S
1.8x
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Return On Asset
2.93
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Return On Equity
4.08
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| K = Thousands M = Millions B = Billions | ||
AAAGY Top Compensated Officers
Dr. Matthias Wolfgruber
Chairman of Management Board, Chief Executive...
Age: 55
Total Annual Compensation: €1.1M
Mr. Martin Babilas
Chief Financial Officer and Member of the Man...
Age: 38
Total Annual Compensation: €583.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Altana AG (AAAGY)
Altana AG Announces Earnings Results for the Nine Months Ended September 2009; Reaffirms Earnings Guidance for the Full Year 2009
11/5/2009
Altana AG announced earnings results for the nine months ended September 2009. The company posted sales of EUR 872.2 million for the period January to September 2009, compared to EUR 1,067.5 million in the same period a year ago. This corresponds to a decline of 18%. Earnings before interest, taxes, depreciation and amortization decreased by 35%, from EUR 213.1 million to EUR 139.4 million. Earnings before taxes amounted to EUR 70.4 million, following EUR 152.1 million in 2008. The company reported operating income of EUR 76.8 million and net income of EUR 47.5 million or EUR 0.35 earnings per share compared to operating income of EUR 159.5 million and net income of EUR 101.8 million or EUR 0.75 earnings per share for the same period last year. The company reported capital expenditures on intangible assets and property, plant and equipment of EUR 37.3 million compared to EUR 70.3 million for the same period last year. The company still expects a significantly declining sales and earnings performance for the business year 2009 compared to 2008.
Altana AG to Report Fiscal Year 2009 Results on March 18, 2010
10/29/2009
Altana AG announced that they will report fiscal year 2009 results on March 18, 2010.
Altana AG to Report Q1, 2010 Sales/Trading Statement Results on May 06, 2010
10/29/2009
Altana AG announced that they will report Q1, 2010 sales/trading statement results on May 06, 2010.
AAAGY Competitors
| Company | Last | Change |
| Hitachi Chemical Company Ltd | ¥1,646 JPY | -34.00 |
| Huntsman Corp | $8.67 USD | -0.15 |
| PPG Industries Inc | $59.22 USD | -0.26 |
| The Valspar Corp | $27.54 USD | +0.05 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AAAGY | Industry Range |
| Price/Earnings | 41.9x |
Not meaningful
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| Price/Sales | 1.8x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 41.9x |
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| TEV/Sales | 1.4x |
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AAAGY |
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AAAGY transactions
| Type Date |
Target |
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Merger/Acquisition
October 21, 2009 |
-- |
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Merger/Acquisition
July 15, 2009 |
Water Ink Technologies, Inc. |
More Recent News About Altana AG
More news for AAAGY
ALTANA: Marked Recovery of Its Business Continues
WESEL, Germany--(BUSINESS WIRE)--The specialty chemicals Group ALTANA (Pink Sheets:AAAGY - News) (FWB:ALT) (GER:ALT) records in the third quarter of 2009 another clear recovery of the business. The sequential increase in sales and earnings from quarter to quarter, however, was not strong enough to compensate for the bad results particularly from the first quarter of 2009. In total, ALTANA posted sales of €872.2 million for the period January to September 2009, compared to €1,067.5 million in the same period a year ago. This corresponds to a decline of 18%. Earnings before interest, taxes, depreciation and amortization (EBITDA) decreased by 35%, from €213.1 million to €139.4 million. Even though, at 16.0%, the present EBITDA margin is lower than the prior-year value (20%), it is already clearly higher than the one for the first six months of 2009 (12.6%). Earnings before taxes (EBT) amounted to €70.4 million, following €152.1 million in 2008. Development of the divisionsSales in the BYK Additives & Instruments division totaled €311.5 million, a decrease of 14% on the prior-year figure of €361.5 million. ECKART Effect Pigments posted sales €207.2 million, corresponding to a decline of 26% on the same period last year (€281.6 million). Sales in the ELANTAS Electrical Insulation division were down by 23% from €258.8 million to...Click here to read the whole Article (external link)
SKion GmbH Makes a New, Improved Tender Offer for Acquisition of ALTANA Shares
WESEL, Germany--(BUSINESS WIRE)--Today SKion GmbH informed us about their decision to make a new, improved offer for the acquisition of shares in ALTANA AG (Pink Sheets:AAAGY - News) (FWB:ALT) (GER:ALT) and they have published this decision today according to § 10 section 1 of the Securities Acquisition and Takeover Act (German Wertpapiererwerbs- and Übernahmegesetz “WpÜG). SKion offers to acquire the shares for a purchase price of € 14.- per share in an acceptance period that is expected to last from mid-November to mid-December 2009. SKion GmbH is currently holding approx. 91.7% of the shares in ALTANA AG. Mrs Susanne Klatten is the sole shareholder of SKion GmbH. She is also acting as Vice Chairwoman in the Supervisory Board of ALTANA AG. In November 2008 SKion GmbH had already made a voluntary public offer for the acquisition of shares in ALTANA AG to the shareholders of ALTANA AG. On the basis of this voluntary offer and by means of further acquisitions of shares SKion GmbH had been able to continuously increase its shareholding in ALTANA AG. SKion GmbH is currently holding 124,788,843 of the 136,097,896 shares of ALTANA AG corresponding to the 91.7% of the total share capital. With SKion GmbH´s announcement for a voluntary purchase offer in November 2008 the ALTANA share price rose by approx. 38% from 9.39 up to the level of the former offered purchase price of € 13...Click here to read the whole Article (external link)
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