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Growth for Stahl in first half of 2024

Growth for Stahl in first half of 2024

2024-08-05

Source:https://leatherbiz.com

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Chemicals group Stahl achieved revenues of €464.7 million in the first half of 2024. This represents growth of 4.9% compared to the first six months of 2023.

These revenues are the combined total across all three Stahl business units: leather, performance coatings and packaging coatings.

Its parent group, Wendel, said Stahl had had “an excellent start” to 2024.

In its comments, Wendel added that destocking had come to an end in most of Stahl’s end markets. It said that, as a result, sales volumes of Stahl’s products had begun to pick up in the second half of 2023, and that demand had shown further growth in the first half of this year.

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