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Clariant sees slight sales drop in 2023

© Reuters. FILE PHOTO: A woman stands next to a logo of Swiss specialty chemicals company Clariant ahead of a news conference to present the company’s full-year results, in Zurich, Switzerland, February 14, 2018. REUTERS/Moritz Hager

(Reuters) – Clariant forecast on Thursday annual sales to slightly decline in 2023, after reporting sales for the full year fairly in line with expectations.

The company, whose chemicals are used in personal and home care products, said it expected 2023 sales of around 5 billion Swiss francs ($5.30 billion), down from the 5.198 billion it reported a year earlier.

It said it aimed to improve the year-on-year reported group core profit margin level.

($1 = 0.9426 Swiss francs)