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SYENS Syensqo NV News Story

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Belgium's Syensqo Q2 underlying EBITDA down 8%

July 31 (Reuters) - Belgian chemicals group Syensqo SYENS.BR posted second-quarter underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of 335 million euros ($382.97 million), a year-on-year organic decline of 8% due to lower gross profit, partially offset by reduced operating expenses.

The figure slightly exceeded analysts' average forecast of 327 million euros as provided by the company, but fell short of the 378 million euros reported during the same period in 2024.

 ($1 = 0.8747 euros)

 (Reporting by Antonis Pothitos; Editing by Himani Sarkar)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))

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