DSM books negative profit, turnover in Q2
Limburg-based chemicals group DSM on Tuesday announced negative results due to currency effects.
The world’s biggest manufacturer of vitamines reported operational profit of €293m, a 14% fall compared with €332m in the second quarter of 2013.
Turnover was down 5% at €2.3bn compared with €2.4bn in the year earlier period.
‘Despite persistent currency headwinds, DSM delivered improved results against the first quarter,’ CEO Feike Sijbesma said in a statement.
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