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Press release on Ercros’ results third quarter 2020

Barcelona, November 13, 2020. - Ercros recovers volume and sales in the third quarter of 2020.

The deep economic crisis associated with COVID-19 has not caused an excessive fall in Ercros’ Ebitda.

The drop in sales prices and volumes has been largely offset by lower prices for supplies and procurement.

Despite the adverse economic climate, Ercros’ financial situation remains solid: it has EUR 63 million in liquidity, it has significantly increased its Free Cash Flow, and it has reduced its net financial debt.

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