Clariant stock reports an 18.2 percent Q2 margin

Published on 09/28/2026 at 14:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Clariant stock was trading at CHF 10.70 on September 28, 2026, as Berenberg lifted its rating from Hold to Buy on September 21. Q2 sales reached CHF 941 million.

Clariant AG (CH0012142631) - Fotorealismus — Clariant AG (CH0012142631) zeigt modernes Bürogebäude in fotorealistischer Darstellung bei Tageslicht mit Menschen im Vordergrund, Illustration mit AI erstellt.

Clariant stock (ISIN CH0012142631) was trading at CHF 10.70 on SIX on September 28, 2026, at 2:19 p.m. CEST, while the specialty chemicals group reported an 18.2 percent second-quarter EBITDA margin before exceptional items. The margin improved by 80 basis points year over year, giving investors a stronger profitability signal despite uneven demand across the business.

Margin improves in Q2

According to Yahoo Finance in the Q2 2026 earnings transcript, sales reached CHF 941 million, up 0.6 percent in local currency on a comparable basis. EBITDA before exceptional items increased 1.5 percent to CHF 171.1 million.

The half-year picture was more mixed. Sales totaled CHF 1,859 million in H1 2026, flat in local currency excluding portfolio pruning and down 1.2 percent including those actions, while group EBITDA before exceptional items fell 7.7 percent to CHF 331 million.

Cost savings support earnings

Clariant's management raised its Performance Improvement Programs target by CHF 20 million to CHF 100 million of annual run-rate savings by 2027, according to Yahoo Finance. The company had achieved CHF 69 million of savings by the end of the second quarter, with CHF 90 million expected by the end of 2026.

The operating split remains important. Care Chemicals delivered 4.2 percent sales growth in local currency excluding portfolio pruning, while Catalysts sales declined 13.3 percent in local currency as Middle East-related order delays reduced volumes by 14.2 percent.

Berenberg changes its stance

Fintel reported that Berenberg upgraded Clariant from Hold to Buy on September 21, 2026. The same report put the consensus target mean at CHF 10.59 on September 16, 2026, below the CHF 10.70 trading price on September 28.

Stock holds a CHF 10.70 level

Clariant stock was last at CHF 10.70 on SIX on September 28, 2026, with a daily change of 0.28 percent, a session low of CHF 10.56, a session high of CHF 10.71 and volume of 133,583 shares. The 52-week range is CHF 6.55 to CHF 11.04, while market capitalization stands at CHF 3.5 billion.