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Coronavirus hits earnings at FoamPartner

机译:Coronavirus hits earnings at FoamPartner

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摘要

Zurich,Switzerland-Conzze-ta,the SwiB conglomerate that owns FoamPartner,generated sales of CHF576.2m($620.5m)in the first half of 2020,down 25% on the first half of 2019.EBIT fell by 45% to CHF50m.In the same period in the previous year,EBIT was CHF90.9m.FoamPartner forms the bulk of Conzzeta's chemical specialties busineB,following the disposal of another busineB in February this year.Using the numbers Conzzeta provided for the division without the disposed busineB,sales in the half dropped to CHF122.1m,a fall of 32%.EBIT in the division declined by 80%,to CHF1.7m.

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