Despite the stoppage of activity and the fall in prices, demand was resilient
- Despite the stoppage of activity and the fall in prices, demand was resilient in the first quarter.
- Raw materials fell 22%.
- The contribution margin to sales ratio increased 3 percentage points compared to Q1 2019.
- Ercros renewed the syndicated facility agreement.
Icome statements for the 2020 and 2019 first quarters
Ercros guarantees that the relevant facts contained on this page correspond exactly to those sent by the Company to the CNMV, and disseminated by it to the market. The facts prior to those included in this section are available on the CNMV website.