Evonik misses estimates in fourth quarter, hits full-year targets

Evonik misses estimates in fourth quarter, hits full-year targets
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
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09.03.2021

MOSCOW (MRC) -- Evonik Industries reports fourth-quarter net profit of EUR73 million (USD88 million), down 54% from the corresponding period of the previous year, on a 2% decline in sales, to EUR3.2 billion, according to Chemweek.The fall in net profit reflects the inclusion in the prior-year period of proceeds from the sale of the company's methacrylates business, the company says. Weake

Full article at mrcplast.com

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