Arkema Q4 profits fall amid difficult economic environment

Arkema Q4 profits fall amid difficult economic environment
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

28.02.2020

MOSCOW (MRC) -- Arkema reports a 13% decline year on year (YOY) to EUR102 million (USD111.6 million) in adjusted net income for the fourth quarter of 2019, on sales down 7% YOY to EUR2.05 billion, with market uncertainty "continuing to weigh heavily on demand," it says. Group EBITDA rose 3% to EUR295 million compared with the prior-year quarter, reflecting growth for its specialty business

Full article at mrcplast.com

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