“Europe is already suffering, the 15% will not go unnoticed”: Syensqo, in the red, deplores the Trump trade war

The gross margin reaches 506 million euros. Furthermore, decreasing by 13%, mainly due to the drop in unfavorable volumes and exchange effects, details the company.

The underlying Ebitda also amounts to 335 million euros, down 11.2% in one year.

“A difficult macroeconomic environment” – "europe already suffering, 15% will

“We have achieved our goals in a difficult macroeconomic environment,” said CEO Ilham Kadri. Nevertheless, “To date. and thanks to the measures that we are implementing, we always provide a limited direct impact of customs duties on our annual results. By excluding these external factors, our prospects for the whole year remain unchanged.”

Minister David Clarinval. UCB boss Jean-Christophe Tellier alert: “Trump adds brutal methods that “europe already suffering, 15% will are difficult to accept”

The entry into force of customs duties of 15% for the products exported to the United States and the uncertainties weighing on a possible exemption from the chemical sector is scrutinized with attention, as Ilham Kadri recalled at a morning press conference. “Europe is already suffering from a lack of competitiveness in the chemical sector. so it is clear that the 15% will not go unnoticed,” she said. She also recalled that almost half of the company’s income and assets were directly linked to the American market.