Solvay Q3 net profit falls amid volume declines

Solvay Q3 net profit falls amid volume declines
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06.11.2020

MOSCOW (MRC) -- Solvay reports a 42% decline year on year (YOY) in underlying net profit to EUR176 million (USD208 million) for the third quarter, on sales that fell over 18% YOY to EUR2.1 billion due primarily to lower volumes and foreign exchange losses, said Chemweek.EBITDA of EUR473 million was down 21% compared to the prior-year quarter due to the lower volumes and currency effects,

Full article at mrcplast.com

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