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Quaker Chemical (KWR) Tops Q2 EPS by 9c

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Quaker Houghton Announces Second Quarter Results

August 5, 2020 4:25 PM EDT

CONSHOHOCKEN, Pa., Aug. 5, 2020 /PRNewswire/ -- Quaker Chemical Corporation ("the Company", also known as Quaker Houghton) (NYSE: KWR) today announced second quarter results and provided an update regarding the impact of the COVID-19 pandemic on the Company.  Second quarter of 2020 net sales were $286.0 million, an increase of 39% compared to the second quarter of 2019.  The increase was driven by additional net sales due to the Company's August 1, 2019 combination with Houghton International, Inc. ("Houghton"), which we refer to as "the Combination", as well as its October 1, 2019 acquisition of the operating divisions of Norman Hay plc ("Norman... More