Lanxess earnings to drop in 2020 due to coronavirus impact

Lanxess earnings to drop in 2020 due to coronavirus impact
WESPECH PTE LTD
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20.04.2020

MOSCOW (MRC) -- Lanxess has announced that it expects its core income to decline in 2020 as the global coronavirus epidemic is expected to damage its supply chains, according to Kemicalinfo.The company forecasts that profit before exceptional items will slash EUR 50-100 million (USD56.4-112.8 million) as a result of coronavirus, with EUR20 million (USD22.6 million) impact projected for th

Full article at mrcplast.com

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