The quarter is marked by another very high utilisation rate (105%) in renewable products. This was not enough to offset the increase in raw materials and entry into new markets, leading to an operating profit down 16% qoq.
29 Jul 2019
Q2: operational performance partly offsets the lower margins
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Q2: operational performance partly offsets the lower margins
Neste Corporation (NESTE:HEL) | 0 0 0.5% | Mkt Cap: 14,943m
- Published:
29 Jul 2019 -
Author:
Kevin VO -
Pages:
3
The quarter is marked by another very high utilisation rate (105%) in renewable products. This was not enough to offset the increase in raw materials and entry into new markets, leading to an operating profit down 16% qoq.