Demand resists for 2020 first quarter

Despite the slowdown in activity and the fall in prices

  • 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