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Arkema Reports 3Q 2020 Results

Had sales of €1.9 billion, EBITDA of €307 million during 3Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Arkema reported its third quarter 2020 financial results. The company reported a strong improvement in the Group’s volumes compared to the second quarter and excellent cash generation in an environment that remains uncertain. Arkema noted sales of €1.9 billion (€2.2 billion in Q3’19): 9% decline at constant scope and currency (-18% in Q2’20), in line with the guidance of around -10% issued end July. There was a negative volume effect of 4.4%. The company reported EBITDA of €3...

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