The announced divestment of Resins & Functional Materials (RFM) will add some cash to DSM’s balance sheet, which will be of some relief to the not too tight debt. But the divestment raises a long lasting question: what is management’s strategy, especially regarding Materials? We see a continuation of Mr Sijbesma’s strategy since the two co-CEOs have taken control, but nothing material has happened so far. Taking out nearly 40% of the top-line, this needs to be answered.<
30 Sep 2020
Not odd, but expensive
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Not odd, but expensive
- Published:
30 Sep 2020 -
Author:
Martin Schnee -
Pages:
2
The announced divestment of Resins & Functional Materials (RFM) will add some cash to DSM’s balance sheet, which will be of some relief to the not too tight debt. But the divestment raises a long lasting question: what is management’s strategy, especially regarding Materials? We see a continuation of Mr Sijbesma’s strategy since the two co-CEOs have taken control, but nothing material has happened so far. Taking out nearly 40% of the top-line, this needs to be answered.<