Royce Investment Partners Comments on IMCD

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Oct 27, 2020

Our top contributor at the position level was IMCD (XAMS:IMCD, Financial), a Dutch company that provides specialty chemicals and food ingredients. IMCD reported strong results for the first six months of 2020 in mid-August, with improved gross profits and earnings. Like most businesses, the company is facing challenges created by COVID-19, but its earnings for the fiscal second quarter were similarly positive thanks to strength in its American and Asia Pacific markets.

From Royce Investments Partners' International Premier third-quarter 2020 update and outlook.