Second Quarter Highlights Second quarter 2020 net loss of $59 million compared to net income of $118 million in the prior year period; second quarter 2020 loss per share of $0.28 compared to diluted earnings per share of $0.47 in the prior year period. Second quarter 2020 adjusted net loss of $30 million compared to adjusted net income of $108 million in the prior year … Continue reading Huntsman to Announce Second Quarter 2020 Earnings; Targets Total Annualized Cost Savings and Synergies of $100+ Million by End of 2021

Arkema confirms its resilience with a robust financial performance and high cash flow generation in the context of a global economy strongly impacted by the effects of the Covid-19 pandemic. €1.9 billion in sales, down 15.6% year on year (-10.7% in H1’20): significant slowdown in the construction, transportation and industrial sectors, overshadowing good demand in the nutrition, packaging and hygiene markets sequential improvement in June, supported by the … Continue reading Arkema to report second-quarter 2020 results

Core volumes decrease by 22.7% • Group sales total approximately EUR 2.2 billion (–32.9%) • EBITDA of EUR 125 million • Net income of EUR –52 million • Free operating cash flow rises to EUR 24 million • Consistent crisis management and measures to secure liquidity • Orientation towards a circular economy accelerated Covestro’s business performance in the second quarter was, as expected, significantly impacted … Continue reading Covestro to publish Q2 2020 results: significantly impacted by the coronavirus pandemic as expected

WACKER’S SALES FOR Q2 2020 TOTAL €1.07 BILLION, DOWN 15 PERCENT FROM LAST YEAR AT €105 MILLION, EBITDA DECREASES 50 PERCENT YEAR OVER YEAR AMID LOWER VOLUMES DUE TO THE PANDEMIC AND LOWER PRICES FOR SOLAR-GRADE POLYSILICON AND STANDARD SILICONES NET INCOME FOR Q2 2020 COMES IN AT €5 MILLION QUARTERLY NET CASH FLOW REACHES TRIPLE DIGITS AT €137 MILLION DUE TO PANDEMIC-RELATED RISKS, SPECIFIC … Continue reading WACKER’s Sales and Earnings in Q2 2020 Affected by Lower Volumes Amid Coronavirus Pandemic

Second Quarter 2020 Highlights: Notable monthly sequential net sales recovery; June 2020 net sales 82% higher than April 2020 ~$1.5 billion in total liquidity available at June 30, 2020 Net sales of $652.7 million decreased 43.6% year-over-year (decreased 39.7% ex-FX and M&A impacts); June 2020 net sales recovered to down ~24%, ex-FX, versus June 2019 Loss from operations of $64.5 million; Adjusted EBIT of $(11.6) million; Q2 2020 includes $45.0 million in COVID-19 related accounting charges Diluted EPS of $(0.35) versus $0.42 in … Continue reading Axalta to Release Second Quarter 2020 Results

Net sales of $3.0 billion, 25% lower than the prior year and down about 22% in constant currencies Reported earnings per diluted share from continuing operations (EPS) of $0.42 and adjusted EPS of $0.99 Net sales and EPS were significantly impacted by the effects of the COVID-19 pandemic Strong aggregate segment operating margins supported by rapid implementation of cost management actions that resulted in second … Continue reading PPG to Report Second Quarter 2020 Financial Results

Highlights Q2 2020 ROS, excluding unallocated costs1, increased to 14.0% (2019: 13.7%) due to strong margin management and cost savings Headwinds related to COVID-19 eased during the quarter, with revenue almost 30% lower in April and nearly 5% lower in June Total cost savings delivered €116 million, of which €38 million structural savings related to transformation initiatives Net cash from operating activities improved to €308 … Continue reading AkzoNobel’s Q2 results to show strong focus on margin and cost savings in response to COVID-19 headwinds

EBIT before special items expected to be €226 million (Q2 2019: €995 million) Net income expected to be minus €878 million due to a non-cash-effective impairment of the shareholding in Wintershall Dea (Q2 2019: €5,954 million) BASF has released preliminary figures on business development in the second quarter of 2020. Sales declined by 12.4 percent in the second quarter of 2020 to €12,680 million (Q2 2019: €14,478 million). EBIT before special items, which reflects … Continue reading BASF to release preliminary figures on business development in the second quarter of 2020: Sales declined by 12.4 percent in the second quarter of 2020

Akzo Nobel N.V. (AKZA; AKZOY) today provides a further update on recent business performance and announces preliminary financial results for the second quarter of 2020: Revenue 19% lower at €1,987 million (2019: €2,451 million) Adjusted operating income1 €238 million (2019: €305 million) ROS2, excluding unallocated cost, increased to 14% (2019: 13.7%) Market headwinds continued to ease during Q2, although revenue for June was nearly 5% lower … Continue reading AkzoNobel to deliver robust profitability during Q2, despite COVID-19 headwinds