A summary of Belgian antimony chemicals producer and lead recycler Campine's financial results for the full-year 2020, as stated in its earnings report published on Tuesday March 23.
In briefCampine's earnings before interest, taxes, depreciation and amortization (Ebitda) totaled nearly ?,?7.18 million ($8.55 million), down by 23.48% from ?,?9.38 million in 2019. Revenue totaled ?,?166.95 million last year, down by 13.29% from ?,?192.53 million in 2019. The drop mainly stemmed from reduced prices for antimony products and lead during the first half of the year, and lower sales volumes in the company's metals recycling division. Campine was also hit by a slowdown in automotive demand during the first half of the year since its lead alloys are mainly used for the manufacturing of car batteries. In...