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July 24, 2014
3M (St. Paul, MN) reports second-quarter net sales of $8.1 billion, up 5% year-on-year (YOY) on strong organic growth across all segments. Net income increased 6% YOY, to $1.3 billion. Earnings per share of $1.91 equal the analysts’ consensus estimate as reported by Thomson Reuters....
http://www.chemweek.com/people_and_business/earnings_finance/3M-second-quarter-net-income-up-6-percent-YOY-on-broad-organic-growth_62696.html
July 24, 2014
Airgas today reported fiscal first-quarter 2015 net earnings of $88.9 million, up 5% year-on-year (YOY), on sales up 3% YOY, to $1.3 billion. Sales growth can be attributed to...
http://www.chemweek.com/people_and_business/earnings_finance/Airgas-earnings-up-5-percent_62695.html
July 24, 2014
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472...
http://www.chemweek.com/people_and_business/earnings_finance/PotashCorp-earnings-down-YOY-but-above-guidance_62697.html
July 24, 2014
Shin-Etsu today reported its financial results for the first fiscal quarter, ended 30 June. Consolidated net income was up 2.8%, to ¥32.9 billion ($324.1 million), on 8.7% higher...
http://www.chemweek.com/people_and_business/earnings_finance/Shin-Etsu-reports-higher-sales-and-earnings_62690.html
July 24, 2014
Lonza recorded net profits of 140 million Swiss francs ($155 million) for the first half of 2014 compared with profits of SF41 million in the first half of 2013. Sales for the first...
http://www.chemweek.com/people_and_business/earnings_finance/Lonza-reports-huge-rise-in-profits_62691.html
July 23, 2014
Air Products chairman and CEO Seifi Ghasemi, who took the helm of the company on 1 July, says that a focus cash generation and improved capital allocation will drive company strategy....
http://www.chemweek.com/people_and_business/earnings_finance/New-Air-Products-CEO-says-emphasis-on-cash-and-capital-allocation-to-guide-strategy_62682.html
July 23, 2014
Johnson Matthey says it made progress in the first quarter of 2014/15, covering 1 April–30 June, in the face of headwinds from the effect of foreign currency translation and the...
http://www.chemweek.com/people_and_business/earnings_finance/Johnson-Matthey-reports-lower-profits-flat-sales_62652.html
July 23, 2014
Syngenta’s net income including restructuring and impairment was $1.4 billion, 1% lower in the first six months of this year, on sales up 1%, to $8.5 billion, the company...
http://www.chemweek.com/people_and_business/earnings_finance/Syngentas-first-half-growth-held-back-by-North-America-outlook-confirmed_62650.html
July 23, 2014
W.R. Grace reports second-quarter net income of $136.7 million, 50.6% higher year-on-year (YOY), on higher sales volumes and acquisitions. Adjusted earnings were flat YOY at...
http://www.chemweek.com/people_and_business/earnings_finance/Higher-volumes-Unipol-acquisition-bolster-W-R-Grace-results_62676.html
July 23, 2014
AkzoNobel today reported higher second-quarter profits and confirmed its outlook for 2015. Net income was up 11%, to €205 million ($276 million), with Ebitda advancing 7%, to...
http://www.chemweek.com/people_and_business/earnings_finance/AkzoNobel-reports-higher-second-quarter-profits-confirms-outlook_62649.html
July 23, 2014
Praxair posted second net income of $467 million, up 5% year-over year (YOY). Reported earnings of $1.58/share were up 5% YOY but 1 ct below analyst estimates as reported by...
http://www.chemweek.com/people_and_business/earnings_finance/Praxair-net-income-up-5-percent_62664.html
July 23, 2014
Stepan today reported second-quarter net income up 7% year-on-year (YOY), to $24.4 million, on net sales up 6%, to $504.1 million. Excluding deferred compensation, earnings totaled 90...
http://www.chemweek.com/people_and_business/earnings_finance/Stepan-earnings-rise-but-fall-short-of-estimates_62665.html
July 23, 2014
Air Products reported net income of $314 million for the quarter ended 30 June, up 9% from the prior-year quarter. Revenues were up 3% year-over-year (YOY), to $2.6...
http://www.chemweek.com/people_and_business/earnings_finance/Air-Products-net-income-up-9-percent_62663.html
July 23, 2014
PKN Orlen (PÅ‚ock, Poland) today announced its strategy for 2014–2017, which reflects the present macroeconomic conditions. The company will focus on securing a strong position...
http://www.chemweek.com/people_and_business/earnings_finance/PKN-Orlen-unveils-strategy-may-close-money-losing-Lithuania-refinery_62654.html
July 22, 2014
DuPont reports net income of $1.1 billion, up 0.4% year-on-year (YOY). Consolidated net sales were $9.7 billion, down 1% YOY. Reported operating earnings were $1.17/share, in line with DuPont’s 26 June earnings warning and down 9% YOY. DuPont has also announced a 4.0% dividend increase....
http://www.chemweek.com/people_and_business/earnings_finance/DuPont-posts-flat-earnings_62637.html
July 22, 2014
Kemira today reported its second-quarter results, with net profit down to €1.8 million ($2.4 million) from €3.7 million in the year-earlier quarter. Revenues decreased 9%, to...
http://www.chemweek.com/people_and_business/earnings_finance/Kemira-reports-lower-profits-and-revenues-looking-for-acquisitions_62633.html
July 22, 2014
Wacker Chemie said today that it has upgraded its annual Ebitda projection. Ebitda for 2014 is now projected to be at least one-third higher than last year’s €678.7 million...
http://www.chemweek.com/people_and_business/earnings_finance/Wacker-upgrades-annual-earnings-forecast-on-restructured-polysilicon-contracts_62631.html
July 22, 2014
Croda today reported lower second-quarter sales and earnings on weak consumer demand in Europe. Sales were down 5.8%, to £263.4 million ($449.6 million), while adjusted operating...
http://www.chemweek.com/people_and_business/earnings_finance/Crodas-sales-and-earnings-down-unlikely-to-match-last-years-pretax-profit_62628.html
July 21, 2014
PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted...
http://www.chemweek.com/people_and_business/earnings_finance/PolyOne-earnings-rise-beat-estimates-on-improving-margins_62625.html
July 21, 2014
Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to...
http://www.chemweek.com/people_and_business/earnings_finance/Sabic-reports-higher-sales-and-profit-says-US-shale-unlikely-to-make-impact-for-some-time_62602.html
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