November 5, 2019 / 6:14 AM / 12 days ago

Dutch DSM's Q3 core profit rises 9% despite weak demand in China

AMSTERDAM, Nov 5 (Reuters) - Dutch speciality chemicals company DSM on Tuesday reported a 9% increase in third-quarter core profit to 426 million euros ($474 million), despite ongoing weak demand for its materials in China.

Analysts polled by the company on average predicted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) would rise 8% to 424 million euros. ($1 = 0.8988 euros) (Reporting by Bart Meijer; Editing by Himani Sarkar)

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