Arkema Q1 Sales €1.092 Billion

Arkema announced Q1 sales of €1.092 billion. Q1 Ebitda fell by 64 % to €57 million. Visibility remains very low, and the company cannot see any noticeable improvement in the economic ­environment. Arkema says it confirmed its target to generate a positive free cash flow in 2009 and also confirmed its target to reduce fixed costs by
€550 million in 2010 compared to 2005.