The 2020 Mid-Year Economic Update_long

Univar Sales Down 12.3% in 2Q

Year-to-date sales down 10.6 percent year-over-year.

Chemical distributor Univar Inc. (NYSE: UNVR), Downers Grove, IL, reported sales for the second quarter of $2.5 billion, down 12.3 percent compared to the prior year quarter. The company reported a loss of $12.4 million, compared to a profit of $19.5 million the prior year.

For the first six months, sales were down 10.6 percent year-over-year to $4.8 billion. Profit decreased 56.3 percent to $7.3 million.

Univar also completed the acquisition of Key Chemical on April 10 and Chemical Associates Inc. on July 16.

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