Ferro swings to loss as COVID-19 reduces volumes

Ferro swings to loss as COVID-19 reduces volumes
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05.08.2020

MOSCOW (MRC) -- FerroВ has reported a second-quarter net loss of USD5.5 million, compared with a profit of USD10.9 million in the year-ago quarter. Net sales fell 21.5% year-on-year (YOY), to USD204.8 million, reported Chemweek. Adjusted earnings totaled 12 cents/share, slightly ahead of analysts' consensus estimate of 11 cents/share, as reported by Refinitiv (New York, New York). Profit m

Full article at mrcplast.com

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