AkzoNobel profits, sales fall on sharply lower demand

AkzoNobel profits, sales fall on sharply lower demand
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

23.07.2020

MOSCOW (MRC) -- AkzoNobel says that its net profit in the second quarter of 2020 dropped 44% year on year (YOY), to EUR129 million (USD149 million), said Chemweek.Sales went down 19%, to EUR1.98 billion from EUR2.45 billion in the same period of the previous year. The fall in sales, which dragged profits down, is mainly due to the impact of COVID-19 on end-market demand that resulted in 1

Full article at mrcplast.com

Back

news