Despite the good start of the year, the group has decided to take a cautious stance with the dividend, opting to distribute the second part on a discretionary basis. During the conference call, management mentioned the extremely high volatility, with margins moving $2-5/bbl during the day. This is nonetheless surprising, considering the solid financial position and the resilient demand for renewables diesel.
24 Apr 2020
Q1: steady demand for renewables diesel so far
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Q1: steady demand for renewables diesel so far
Neste Corporation (NESTE:HEL) | 0 0 0.5% | Mkt Cap: 14,943m
- Published:
24 Apr 2020 -
Author:
Kevin VO -
Pages:
2
Despite the good start of the year, the group has decided to take a cautious stance with the dividend, opting to distribute the second part on a discretionary basis. During the conference call, management mentioned the extremely high volatility, with margins moving $2-5/bbl during the day. This is nonetheless surprising, considering the solid financial position and the resilient demand for renewables diesel.