Ashland (ASH) expects goodwill impairment charge in Q2

Go back to Ashland (ASH) expects goodwill impairment charge in Q2

Ashland provides update on fiscal 2020 second-quarter earnings and COVID-19 impact

April 16, 2020 6:46 AM EDT

Company highlights strong financial position and cash flow; sets date for fiscal 2020 second-quarter earnings release

WILMINGTON, DELAWARE, April 16, 2020 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2020 second-quarter financial results, its response to the COVID-19 pandemic, and strong financial position. Additional information regarding second-quarter fiscal earnings will be shared during a conference call webcast with securities analysts on May 6, 2020.

Preliminary fiscal 2020 second-quarter financial results

The Ashland portfolio performed well during the quarter, despite the global... More