Energy giant Neste sees a 'K-shaped' recovery for its business, CEO says

, with different segments of its business going in opposite trajectories, CEO Peter Vanacker said on Tuesday.

"The recovery in renewables, that was extremely fast," he said. "But then on the other hand side, everything that has to do with, for example, oil and oil refineries, is actually not recovering." Vanacker said there's a "big difference" between these two sides of the business at this point. There was a "quick recovery" for what is sustainable and renewable, while oil-based products are still "suffering" and not recovering.

FireJimCramer BoycottCNBC

FireCramer

I thought they wanted a Z-shaped recovery

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Richer Poorer cofounder and CEO on how to identify core value product - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. OpenLearning=ASX$OLL Half year results🚀🚀🚀 Look at the current chart's for OpenLearning=ASX$OLL you should see that the bulls roared bullish today for OLL. OpenLearning has broken out into a new higher trend and looks to be going 🚀🚀 CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »