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OLN - Olin News Story

$12.11 0.4  3.1%

Last Trade - 25/09/20

Sector
Basic Materials
Size
Mid Cap
Market Cap £1.46bn
Enterprise Value £4.47bn
Revenue £4.42bn
Position in Universe 1813th / 6398

BRIEF-Olin Reports Q2 Loss Per Share $0.76

Wed 5th August, 2020 9:42pm
Aug 5 (Reuters) - Olin Corp  OLN.N :
    * OLIN ANNOUNCES SECOND QUARTER 2020 RESULTS
    * Q2 LOSS PER SHARE $0.76
    * Q2 SALES $1.241 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$1.28
BILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $-0.49 -- REFINITIV IBES
DATA
    * CHLOR ALKALI PRODUCTS AND VINYLS AND EPOXY BUSINESSES
REMAIN
CHALLENGED BY CURRENT ECONOMIC CONDITIONS
    * VISIBILITY AROUND FUTURE DEMAND CONTINUES TO BE LIMITED
AND
CUSTOMER ORDER PATTERNS REMAIN VOLATILE
    * QTRLY Q3 2020 ADJUSTED EBITDA THAT IS MORE THAN DOUBLE Q2
2020
LEVELS

Source text for Eikon:  ID:nPn9B5hp9a 
Further company coverage:  OLN.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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