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Lanxess records slight fall in sales but income hit by coronavirus crisis
Germany's Lanxess generated net sales of E1.704 billion in the first quarter of 2020, down only 2% compared to the previous year despite the weak economic environment due to the COVID-19 pandemic. However, EBITDA pre-exceptionals declined by 9.9% to E245 million and net income from continuing o...
Formato: | Online Artículo Texto |
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Lenguaje: | English |
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2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7462640/ http://dx.doi.org/10.1016/S0306-3747(20)30092-0 |
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collection | PubMed |
description | Germany's Lanxess generated net sales of E1.704 billion in the first quarter of 2020, down only 2% compared to the previous year despite the weak economic environment due to the COVID-19 pandemic. However, EBITDA pre-exceptionals declined by 9.9% to E245 million and net income from continuing operations fell more sharply, by 27.6%, to E63 million. The EBITDA margin pre-exceptionals amounted to 14.4% compared to 15.7% in 1Q 2019. |
format | Online Article Text |
id | pubmed-7462640 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
record_format | MEDLINE/PubMed |
spelling | pubmed-74626402020-09-02 Lanxess records slight fall in sales but income hit by coronavirus crisis Additives for Polymers Article Germany's Lanxess generated net sales of E1.704 billion in the first quarter of 2020, down only 2% compared to the previous year despite the weak economic environment due to the COVID-19 pandemic. However, EBITDA pre-exceptionals declined by 9.9% to E245 million and net income from continuing operations fell more sharply, by 27.6%, to E63 million. The EBITDA margin pre-exceptionals amounted to 14.4% compared to 15.7% in 1Q 2019. 2020-07 2020-09-01 /pmc/articles/PMC7462640/ http://dx.doi.org/10.1016/S0306-3747(20)30092-0 Text en |
spellingShingle | Article Lanxess records slight fall in sales but income hit by coronavirus crisis |
title | Lanxess records slight fall in sales but income hit by coronavirus crisis |
title_full | Lanxess records slight fall in sales but income hit by coronavirus crisis |
title_fullStr | Lanxess records slight fall in sales but income hit by coronavirus crisis |
title_full_unstemmed | Lanxess records slight fall in sales but income hit by coronavirus crisis |
title_short | Lanxess records slight fall in sales but income hit by coronavirus crisis |
title_sort | lanxess records slight fall in sales but income hit by coronavirus crisis |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7462640/ http://dx.doi.org/10.1016/S0306-3747(20)30092-0 |