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Favorable Financial News at Lonza

November 4, 2013

Although corporate sales fell 11% in the second quarter to $1.8 billion, Lonza executives said there was good news to report in the recently concluded period.

According to Lonza, specialty ingredients delivered a good performance, with substantially increased profitability in nearly all subsegments and in total. Positive developments such as the very strong demand for the agrochemical offerings, the good demand for high-performance products as well as the successful conclusion of the Arch integration balanced the significantly lower revenues in the recreational water business where the cold and rainy weather led to a record low in the first six months, after a record high for the same period in the prior year. 
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