Demand resists for 2020 first quarter
Despite the slowdown in activity and the fall in prices
Barcelona,
- Despite the stoppage of activity and the fall in prices, demand was resilient in 2020 the first quarter.
- Raw materials fell 22%.
- The contribution margin to sales ratio increased three percentage points compared to 2019 first quarter.
- Ercros renewed the syndicated facility agreement.
Income statements for the 2020 and 2019 first quarters
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