Page 53 - July-August-2018

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The CHT Group achieves again a sales record in 2017

• With sales of 456 million EUR the year 2017 was investment, the CHT Group has more than doubled
the most successful one for the group of companies its existing silicone business and intends to
• Result under pressure due to higher raw material significantly expand it worldwide and gain new
costs and negative currency effects market shares.
• Investments remain high - approximately 11 million
EUR invested in production sites and new In addition, business development with the textile
technologies worldwide industry in Germany, Brazil, India, Mexico and
• With the acquisition of the North American ICM Pakistan made an unexpectedly strong contribution
Silicones Group, CHT Group positions itself even to sales in 2017.
stronger in the silicone specialties market
• 2018 - moderately optimistic business expectations With regard to the result (EBIT), the CHT Group was
in a difficult market environment unable to continue the excellent performance of the
previous year in 2017. The Group-wide operating
CHT closed the financial year of 2017 with record sales result (EBIT) remained below the expectations, in
for the fifth year in succession. Even though the particular due to significantly higher raw material
costs. In mid-2018, the CHT Group records cost
expectations could not be fully met due to negative increases of over 80% for some raw material groups.
currency effects. With sales of 456 million EUR, the
previous year's success in the Group was exceeded by 9%. In addition to acquisitions, investments and above all
innovations contribute to attaining our growth
The encouraging growth compared to 2016 is mainly objectives. In 2017, the CHT Group continued to
due to the acquisition of the ICM Silicones Group, a invest around 11 million EUR in the expansion of its
North American silicone specialist with locations in technologies, in modern production sites and in
the USA, UK, Italy and China. With this strategic personnel development.

Quality makes the difference!

FASCINATING TEXTILE MACHINERY
www.brueckner-textile.com

BRUECKNER TexTalks Pakistan 210x138mm EN.indd 1 .0 .201 14:34:45