Overview Key strengths Key risks Leading producer of a broad range of industrial and consumer specialty chemicals, with No. 1 to No. 3 market positions for most of its products and revenue of Swiss franc (CHF) 4.4 billion in reported in 2021. Cyclical nature of the chemicals industry, dependent on general economic and industrial conditions. Global sales footprint and good end-market and product diversification. Exposure to volatile and currently high raw material and energy costs that may weigh on margins if not supported by timely pass through. Broad operational footprint, with 67 production sites across Europe, Americas, and Asia, ensuring proximity to customers and suppliers. Seasonal working capital requirements, with outflows typically in the first half of the year. Stronger
