VHC - Earnings rebound QoQ as COVID-19 disruptions ease - Earnings Flash
  • 2020-07-31T20:31:57
  • Company Research
VHC released H1 2020 results with net revenue dipping -14% YoY (Q2 2020: -19% YoY) and NPAT-MI slumping 49% YoY (Q2 2020: -49% YoY). Per VHC, these declines were due to COVID-19’s disruptions on the global foodservice sector, which led to lower frozen fillet sales and ASP.