Ercros, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 02, 2023
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Ercros, S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was EUR 223.96 million compared to EUR 270.69 million a year ago. Net income was EUR 12.73 million compared to EUR 17.19 million 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. 
