Ercros, S.A. Reports Earnings Results for the Half Year Ended June 30, 2023
July 26, 2023 at 08:08 am EDT
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Ercros, S.A. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported revenue was EUR 440.51 million compared to EUR 558.65 million a year ago. Net income was EUR 16.54 million compared to EUR 46.29 million a year ago.
Basic earnings per share was EUR 0.171 compared to EUR 0.458 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. 
