Ercros, S.A. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2020
July 31, 2020 at 05:11 am EDT
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Ercros, S.A. announced consolidated earnings results for the six months ended June 30, 2020. For the six months, the company announced income was EUR 296,935,000 compared to EUR 365,557,000 for the same period a year ago. EBIT was EUR 9,498,000 compared to EUR 16,661,000 for the same period a year ago. Profit for the period was EUR 4,374,000 compared to EUR 10,493,000 for the same period a year ago.
Ercros SA is a Spain-based company engaged, together with its subsidiaries, in the chemical industry. The Companyâs products are structured into three business lines: Businesses Associated to Chlorine, which comprises the production of chlorine, ethyl acetate, caustic soda, sodium hypochlorite, dichloroethane, chloromethane, sodium chlorate and caustic potash, polyvinyl chloride (PCV), as well as water disinfectants; Intermediate Chemicals, which produces formaldehyde, glues and resins for the fiberboard and plywood industries, and Pharmaceuticals, which comprises raw material and intermediate products used in the pharmaceutical industry. The Company owns such subsidiaries as Marcoating SLU, Gades Ltd and Ercekol AIE, among others. In April 2014, it sold Fosfatos de Cartagena SLU to Timab Iberica.
ERCROS, S.A. 
