As we have seen many times in this crisis, a single segment or industry can not offset the weakness of a handful. This was also true for SGL’s Q2. Despite Digitization, customers from all other industries showed resistance to buying to different degrees with various (negative) impacts on sales and profitability. As the company had already released some preliminary figures and had given a FY guidance, the report provided only more details, also regarding the guidance.
14 Aug 2020
Digitization couldn't quite manage it
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Digitization couldn't quite manage it
SGL Carbon SE (SGL:WBO) | 0 0 -0.4% | Mkt Cap: 1,409m
- Published:
14 Aug 2020 -
Author:
Martin Schnee -
Pages:
3
As we have seen many times in this crisis, a single segment or industry can not offset the weakness of a handful. This was also true for SGL’s Q2. Despite Digitization, customers from all other industries showed resistance to buying to different degrees with various (negative) impacts on sales and profitability. As the company had already released some preliminary figures and had given a FY guidance, the report provided only more details, also regarding the guidance.