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Syensqo (FRA:2NF) Research & Development : €345 Mil (TTM As of Jun. 2023)


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What is Syensqo Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Syensqo's Research & Development for the six months ended in Jun. 2023 was €171 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was €345 Mil.


Syensqo Research & Development Historical Data

The historical data trend for Syensqo's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Syensqo Research & Development Chart

Syensqo Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Research & Development
- 253.00 286.00 312.00

Syensqo Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Research & Development - - 138.00 174.00 171.00

Syensqo Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €345 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Syensqo  (FRA:2NF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Syensqo Research & Development Related Terms

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Syensqo (FRA:2NF) Business Description

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Address
Rue de la fusee 98, Brussels, BEL, 1130
Syensqo SA is a company dedicated to providing solutions across specialty polymers, composite materials, specialty formulations and bio-circular chemistries to assist its customers in identifying, developing and manufacturing the next generation of high-performance sustainable solutions.

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