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Sales were €2.1 billion, down 5.7% year on year, marked by the impact of COVID-19.
May 7, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Arkema announced its first quarter 2o20 results. The Group’s results are in line with expectations, in a first quarter marked by the coronavirus outbreak in Asia and its spread to Europe in March. Stripping out the coronavirus impact, the Group’s performance, in a less favorable economic environment than in 2019, was supported by the resilience of Specialty Materials and, in particular, strong growth of the Adhesive Solutions segment. Moreover, the balance sheet and liquidity levels remain very...
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