Ercros obtains an ordinary ebitda of 19.4 million euros
27th february 2015.- In 2014, the turnover of Ercros amounted to EUR 603.67 million, 3.4% lower than that achieved in 2013.
The main reason behind this decline is the lower price for caustic soda and PVC, in line with the observed downward trend in commodities prices. The turnover for the fourth quarter was also affected by a substantial cut in the compensation received for the interruptibility services provided by the company to the electricity system operator and by a lower production in some plants due to the force majeure declared by one of the leading suppliers and to scheduled maintenance activities.
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The main reason behind this decline is the lower price for caustic soda and PVC, in line with the observed downward trend in commodities prices. The turnover for the fourth quarter was also affected by a substantial cut in the compensation received for the interruptibility services provided by the company to the electricity system operator and by a lower production in some plants due to the force majeure declared by one of the leading suppliers and to scheduled maintenance activities.
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