Ineos expects large deficit in Denmark

The British-Swiss group's Danish subsidiary has lost quite a lot of profit, but the company can be pleased about its impressive boost in operating earnings. Dark clouds gather further into 2020, however.

by VIKTOR BRANDT KÆRGAARD

Thanks to divestments, Ineos E&P's result shot up in 2018. So, despite doubling its operating result in 2019, the decline in cash income certainly hurts.

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