//PCC holdings successfully close April 2020

PCC holdings successfully close April 2020

Duisburg, May 29, 2020. Across all its holdings, the PCC Group successfully closed the month of April and increased earnings before interest, taxes, depreciation, and amortization (EBITDA) by € 17.7 million to just under € 30 million as of 30 April 2020. Gratifyingly, all segments of the chemicals division as well as the logistics division made positive contributions. Additionally, PCC BakkiSilicon hf., Húsavík (Iceland), received a compensation payment as part of the settlement reached with the plant manufacturer in April 2020. The loss before taxes (EBT) could be more than halved compared to the end of March: The EBT improved by € 10.2 million to € –8.1 million as of April 30, 2020.

2020-05-29T15:48:20+02:00