Sustainability report 2020 FINAL - Flipbook - Page 52
Archroma's total revenue for FY2020 was USD 1 115 bn. This reflects a 16.8% decrease compared to the
previous reporting period. The sales volume also decreased to 467 thousand metric tons.
Weathering the crisis
We anticipated the potential impact of the pandemic early. As the first wave of global lockdowns started
affecting our sales in April and May 2020, we had already shifted our efforts and focus towards those
sectors which needed support in the fight against the virus, such as face masks and medical textiles.
At the same time, we implemented decisive measures to manage and protect our cash position. As a result,
we progressively restored our business performance from June 2020 onwards and per end of the year 2020
we are back to healthy and sustainable revenue and profit levels.
During the reporting period, we served 93 markets worldwide grouped in three regional zones, the Americas,
incorporating North, Central and South America; Europe, Middle East and Africa (EMEA); and Asia.
USD 315 million
USD 381 million
USD 419 million
Indirect impacts: Creating value down the chain
In addition to “Safe” and “Efficient”, Archroma’s third innovation pillar is “Enhanced”
performance and sustainability , because: “It’s in our nature to add another level of value”.
In addition to cleaner ingredients and resource savings, our innovations have the
important indirect impact of increasing the value of products throughout the supply chain:
the water-repellent jacket purchased by a consumer is made of water-repellent fabric
with a water-repellent finish made by Archroma. Higher value products are more durable
(and more appreciated by their owners) so have a longer lifecycle than less expensive ones.
The Archroma systems and solutions that deliver enhanced value to our customers are
defined and promoted as the “Enhanced Collection”.