Specialty chemicals company Clariant swung to profit in 2007 on lower costs and higher prices, and CFO Patrick Jany said strong demand was likely to keep up this year.
Shares in Clariant, which makes pigments for products from textiles to cars, jumped more than 10 percent.
The company said it expected an improved operating margin in 2008 and continuing strong cash flow from operations, but saw a further rise in raw material costs of 5 percent in 2008.
"We had actually quite a strong level of demand and we would expect as well that for the year 2008 we will continue with the good level of demand," Jany told CNBC.
The company posted a 5 million Swiss franc ($4.54 million) profit for 2007, bang in line with 10 analysts' average forecast, and compared with a 78 million franc loss in 2006.
Full-year sales rose 5 percent to 8.53 billion francs, just pipping analysts' average forecast of 8.50 billion.