Strong Renewables, Resiliency During COVID-19: The Digest’s 2020 Multi-Slide Guide to Neste

Q3 2020 was rough for many companies, but not for Neste who recorded a solid quarter despite COVID-19. “Renewable Products was very resilient and improved its sales margin and sales volume compared to the corresponding period last year. Oil Products continued to suffer from a very weak refining market caused by the global COVID-19 related demand destruction and over-supply, and the segment delivered a slightly negative comparable operating profit,” according to Peter Vanacker, President and CEO of Neste in this illuminating slide guide that gets into the details of Neste’s Q3 comparable operating profit of EUR 373 million ($444 million), outlook for the future, and more.