Borealis’ net profit down 25.9% y/y to USD108m in Q2 2013

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Financial results

Company expects overall business environment in Europe to remain challenging

Borealis’ net profit declined 25.9% year-on-year (y/y) in the second quarter (Q2) ended 30 June 2013 to EUR83m (USD108m, 30 June 2013) compared with EUR112m (USD140.9m) during the same period a year ago, the Austria-based supplier of polyolefin plastics said in a press release.

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