Ercros, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 05:41 pm IST
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Ercros, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was EUR 585.320 million compared to EUR 689.073 million a year ago. Net income was EUR 6.257 million compared to EUR 31.043 million a year ago. Basic earnings per share from continuing operations was EUR 0.061 compared to EUR 0.2924 a year ago. Diluted earnings per share from continuing operations was EUR 0.061 compared to EUR 0.292 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.
ERCROS, S.A. 
