Construction Chemicals

  • Sales 2% above previous year at €2,456 million, primarily due to higher volumes
  • EBIT before special items slightly lower, mainly from softer margins

In the Construction Chemicals division, we increased sales to third parties by €44 million compared with the previous year to €2,456 million. This was largely driven by higher sales volumes. The acquisition of Grupo Thermotek, Monterrey, Mexico, in September 2017 and higher prices also contributed to the increase in sales. By contrast, currency effects had a negative impact in all regions.

Higher volumes and prices led to sales growth in Europe, while in North America, the increase was attributable to the Thermotek acquisition and higher sales volumes. In Asia, higher volumes and prices were unable to completely offset the negative currency effects. Despite volumes growth, negative currency effects pushed down sales in the region South America, Africa, Middle East.

Construction Chemicals – Factors influencing sales
Functional Materials & Solutions – Construction Chemicals – Factors influencing sales (bar chart)
Construction Chemicals – Sales by region

Location of customer

Functional Materials & Solutions – Construction Chemicals – Sales by region (pie chart)

Although sales volumes rose and fixed costs declined, mainly as a result of currency effects, EBIT before special items was slightly below the 2017 figure. This was primarily attributable to lower margins.