Arkema has reported its full-year 2022 financial results. The company reports group sales of €11.5 billion (up by 21.3% compared with 2021), while organic sales reported growth of 13.6%. The growth reflected price increases in the face of significant raw materials and energy cost inflation and the improved product mix, as well as the slowdown in demand and significant destocking observed in the fourth quarter. The company identifies acceleration in opportunities for innovative, high value-added solutions, particularly in low-carbon mobility, lightweighting, the circular economy, and 3D printing.

Arkema’s EBITDA reported at a historic high of €2,110 million (up by 22.2% year-on-year), and EBITDA margin was 18.3% (18.1% in 2021). The company’s adjusted net income was up by 30.2% to €1,167 million, representing €15.75 per share (€11.88 in 2021). The company reported its cash flow at €933 million (€756 million in 2021), and a proposed dividend of €3.40 per share (€3.0 in 2021). The company reported continued progress in CSR performance, with in particular a 16% decrease in Scopes 1 and 2 greenhouse gas (GHG) emissions at constant perimeter and an increase in the share of women in senior management positions to 26% in 2022 (24% in 2021).