Germany's largest listed companies record 13 pct decline in turnover in Q2: EY


  • World
  • Friday, 14 Aug 2020

BERLIN, Aug. 13 (Xinhua) -- Turnover of Germany's largest companies listed in the DAX, excluding banks, decreased by 13 percent year-on-year to 283 billion euros (335 billion U.S. dollars) in the second quarter (Q2) 2020, according to a study published by consulting firm Ernst & Young (EY) on Thursday.

The worldwide COVID-19 pandemic "severely slowed down the business development of the largest German companies," EY noted.

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