LIQUI MOLY reports a slump in profits of 50 percent

LIQUI MOLY reports a slump in profits of 50 percent
The German oil and additive producer is facing the global crisis with massive investments – UK sales more than double February 2021 – The lubricant specialist LIQUI MOLY was also not spared from the pandemic. Sales rose by 7.1 percent to a new record level. In the United Kingdom, the upsurge was particularly large at 117 percent. Earnings, however, fell significantly due to an investment program worth millions. Managing Director Ernst Prost is nevertheless optimistic: “Thanks to our...

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