- Sales slightly above 2012 level
- Higher sales contribution from precious metal trading and our business with mobile emissions catalysts
- Significant earnings increase, mostly on account of higher margins for refinery catalysts and higher sales volumes for mobile emissions catalysts
Catalysts – Sales by region (Location of customer)Enlarge image
In the Catalysts division, we raised sales to third parties to €5,708 million, up by €140 million compared with the previous year (volumes 5%, prices 1%, currencies –3%). A higher contribution from precious metal trading and the increase in sales of mobile emissions catalysts were largely responsible for this. Dampening effects came from lower sales levels for chemical catalysts.
As a result of greater demand for catalysts for heavy duty diesel-engine vehicles, as well as increased automobile production in Asia Pacific, sales volumes grew for our mobile emissions catalysts. Volumes declined in Europe due to the weak economic environment, despite an increase in sales volumes for diesel-powered vehicle catalysts. Sales volumes for mobile emissions catalysts continued to climb in North America on account of the growing demand for automobiles. In the chemical catalysts business area, we posted lower sales volumes due to the limited availability of some of our plants.
Sales in precious metal trading grew by €13 million to €2,355 million through higher volumes and prices.
Income from operations before special items significantly exceeded the level of the previous year. This was largely the result of higher margins for refinery catalysts and increased sales volumes for mobile emissions catalysts. Chemical catalysts posted lower earnings levels. The contribution from precious metal trading was also lower.