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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
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OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
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GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
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NIKE
Senior Security Incident Responder – Cis
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FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
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Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Feb 15, 2012
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Clariant prepares for sluggish start to 2012

By
Reuters
Published
Feb 15, 2012

ZURICH - Clariant is bracing for a sluggish start to the year, the Swiss specialty chemicals maker said on Wednesday when it posted a sharper-than-expected drop in fourth-quarter profit.

Net profit fell to 10 million Swiss francs ($11 million) from 47 million in the 2010 period, compared with a forecast for 40.5 million as the strong franc and higher raw material prices took their toll.

Clariant said its first-half performance was likely to be worse than in 2011, with an improvement in the second half as the economy picks up.

For 2012 as a whole, Clariant forecast sales growth in local currencies and sustained profitability.

Clariant, whose products put colour into plastics, was hit in the fourth quarter by slower demand in Europe, where it posted a double-digit fall in sales.

Softening demand in the plastics industry also weighed on its masterbatches and pigments unit, while it also saw tough conditions in its textile chemicals, leather services and paper specialties units.

Fourth-quarter sales rose 13 percent to 1.9 billion francs. Sales prices rose 9 percent while raw material costs were 10 percent higher.

Clariant, which also makes chemicals that add resilience to a new range of Levi commuter jeans, said raw material costs were expected to rise in the mid-single-digit range in 2012. Exchange rates were seen remain stable compared with the start of the year.

Clariant's comment come after U.S. group Dow Chemical posted weaker-than-expected quarterly profit and revenue on weaker demand for electronics, plastics and coatings.

German rivals BASF and Bayer will shed more light on the health of the industry when they post results at the end of the month. ($1 = 0.9202 Swiss franc) (Reporting by Katie Reid; Editing by Dan Lalor)

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