Ercros, S.A. Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2019
November 06, 2019 at 03:13 pm
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Ercros, S.A. announced consolidated earnings results for the nine months ended September 30, 2019. For the period, the company reported revenue of EUR 532,236,000 compared to EUR 519,221,000 a year ago. Ebit was EUR 26,779,000 compared to EUR 41,728,000 a year ago. Profit for the period was EUR 17,305,000 compared to EUR 36,116,000 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.