Surface Technologies Q2 2020 In the Surface Technologies segment, sales declined slightly due to a considerable sales decrease in the Coatings division. By contrast, we considerably increased sales in the Catalysts division. (XLS:) XLS Factors influencing sales in Q2 2020 – Surface Technologies Surface Technologies Catalysts Coatings Volumes (26%) (19%) (39%) Prices 24% 33% 1% Portfolio 0% 0% 0% Currencies 0% 1% (3%) Sales (2%) 15% (41%) The sales development was primarily driven by significantly lower sales volumes in both divisions. This was due to weak demand from the automotive industry due to the effects of the corona pandemic. Lower volumes, especially for mobile emissions catalysts, in precious metal trading and for refining catalysts, reduced sales in the Catalysts division. In the Coatings division, volumes declined in all business areas. Significantly higher prices overall as a result of higher precious metal prices in the Catalysts division had an offsetting effect. In precious metal trading, sales rose to €1,502 million due to higher prices (Q2 2019: €1,065 million). Prices rose slightly in the Coatings division, mainly in the decorative paints and surface treatments businesses. Income from operations (EBIT) before special items was considerably below the level of the prior-year quarter in both divisions. This was largely driven by the development of sales volumes in both divisions. (XLS:) XLS Segment data – Surface Technologies (Million €) Q2 H1 2020 2019 +/– 2020 2019 +/– a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments) b Additions to property, plant and equipment and intangible assets Sales to third parties 3,099 3,161 (2%) 7,427 6,183 20% of which Catalysts 2,549 2,222 15% 6,081 4,340 40% Coatings 550 939 (41%) 1,346 1,843 (27%) Income from operations before depreciation, amortization and special items (34) 240 . 304 495 (39%) Income from operations before depreciation and amortization (EBITDA) (44) 235 . 290 487 (40%) Depreciation and amortizationa 132 110 20% 249 218 14% Income from operations (EBIT) (176) 125 . 41 269 (85%) Special items (25) (4) . (28) (11) . EBIT before special items (151) 129 . 69 280 (75%) Assets (June 30) 11,700 11,378 3% 11,700 11,378 3% Investments including acquisitionsb 137 131 5% 220 228 (4%) Research and development expenses 48 52 (8%) 103 102 1% back next