Evonik Q2 net income falls by 50%

Evonik Q2 net income falls by 50%
WESPECH PTE LTD
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12.08.2020

MOSCOW (MRC) -- Evonik Industries says its net profits in the second quarter of 2020 were 50% lower on a year-on-year (YOY) basis, at EUR114 million (USD134 million), on sales of EUR2.83 billion, 14% down on the same period of the previous year, said Chemweek.This result is attributed to significantly weaker demand in some markets, the company says. Adjusted EBITDA beat analysts' consensu

Full article at mrcplast.com

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