Ercros, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 28, 2021 at 08:07 am EDT
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Ercros, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was EUR 379.538 million compared to EUR 296.935 million a year ago. Operating income was EUR 29.700 million compared to EUR 9.498 million a year ago. Net income was EUR 20.265 million compared to EUR 4.374 million a year ago. Basic earnings per share from continuing operations was EUR 0.201 compared to EUR 0.042 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. 
