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Goldschmidt 9 month earnings down

Goldschmidt, of Germany, has reported that its nine month pre-tax profit to 30 September is down. The company“s group sales were DM 962 million (up 1.5%) of which chemical sales marked DM 511 million…

Goldschmidt, of Germany, has reported that its nine month pre-tax profit to 30 September is down. The company“s group sales were DM 962 million (up 1.5%) of which chemical sales marked DM 511 million (up 2.1%). Group pre-tax profit fell to DM 22.4 million (down 55%) and parent pre-tax profit decreased to DM 21.6 million (down 50%). Goldschmidt said it did not expect the profit situation to improve for the full year of 1995.

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