- Sales just under level of 2012
- Higher sales volumes almost fully offset lower prices and negative currency effects
- Earnings rise considerably, driven mainly by volumes
Care Chemicals – Sales by region (Location of customer)Enlarge image
At €4,871 million, sales to third parties in the Care Chemicals division were €27 million below the level of 2012. Lower prices, primarily brought about by lower raw material costs, and negative currency effects from the U.S. dollar and Japanese yen were almost fully offset by higher sales volumes (volumes 5%, prices –3%, currencies –3%). Prices declined in particular for lauric oil-based standard products.
We were able to increase volumes in all business areas and regions despite a difficult market environment. We achieved the strongest volumes growth in the personal care products and hygiene businesses. In the hygiene business area, we particularly benefited from temporarily low capacities on the market. Overall growth momentum came primarily from Europe and South America.
Our capacity utilization was higher than in the previous year. Despite the negative currency effects, income from operations before special items grew considerably, mainly on account of the volumes increase. Furthermore, we reduced our fixed costs.
We purchased enzyme technology for detergents and cleaners from Henkel AG & Co. KGaA in 2013 in order to further strengthen our future market position for important ingredients for the detergents and cleaners industry.