Lanxess reports lower YOY earnings, sales on COVID-19

Lanxess reports lower YOY earnings, sales on COVID-19
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
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06.11.2020

MOSCOW (MRC) -- Lanxess reports a 68.4% year-on-year (YOY) drop in third-quarter net income from continuing operations to EUR25 million (USD29 million) on sales down 14.3% to EUR1.461 billion, said Chemweek.The company says that COVID-19 continued to impact its business during the quarter, but that there were "positive signals" from markets compared with the previous quarter. Lanxess has

Full article at mrcplast.com

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