Elkem ASA operates in the Industrial inorganic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Elkem ASA with three other
chemical manufacturers in Europe:
AlzChem Group AG
sales of 379.26 million Euros [US$460.26 million]
of which 55%
was Speciality Chemicals),
(1.06 billion Polish New Zlotys [US$284.46 million]
of which 99%
was Casting Alloys), and
based in UNITED KINGDOM
(£581.30 million [US$819.89 million]
of which 39%
Elkem ASA reported sales of NOK 24.03 billion (US$2.92 billion)
December of 2020.
increase of 8.0%
versus 2019, when the company's sales were NOK 22.25 billion.
Despite this increase, sales are still
below the level achieved in 2018, when Elkem ASA
reported sales of NOK 25.63 billion.
Sales of Silicon Materials saw an increase
that was more than double the company's growth rate: sales were up
107.0% in 2020, from
NOK 4.98 billion to NOK 10.31 billion.
Elkem ASA also saw significant increases in sales in
Silicones (up 12.5% to NOK 12.67 billion)
Not all segments of Elkem ASA experienced an increase in sales in 2020:
sales of Other fell 85.8% to NOK 64.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Elkem ASA also experienced decreases in sales in
Carbon (down 0.6% to NOK 1.65 billion)