DSM’s Q2 figures were strongly supported by Nutrition’s strong performance. Profitability could not be sustained as Materials could not get away from its chemicals’ nature, suffering from deteriorating profitability. The reported figures were a bit stronger than expected, but were in line with the street’s expectations. The strong impairment nobody had on their radar. Management is implementing additional cost-cutting measures in H2, which are expected to deliver annua
04 Aug 2020
Health sells
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Health sells
- Published:
04 Aug 2020 -
Author:
Martin Schnee -
Pages:
3
DSM’s Q2 figures were strongly supported by Nutrition’s strong performance. Profitability could not be sustained as Materials could not get away from its chemicals’ nature, suffering from deteriorating profitability. The reported figures were a bit stronger than expected, but were in line with the street’s expectations. The strong impairment nobody had on their radar. Management is implementing additional cost-cutting measures in H2, which are expected to deliver annua