COVID-19 - News digest as of 23.07.2020
23.07.2020
1. AkzoNobel profits, sales fall on sharply lower demandMOSCOW (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 i