IHS Chemical Week

World News and Views :: Top of the News

Chemtura earnings fall short of estimates on soft demand

4:37 PM MDT | May 2, 2013 | Vincent Valk

Chemtura today reported a first-quarter net loss from continuing operations of $22 million, compared with a profit of $22 million in the year-ago period. Net sales declined 1.9% year-on-year (YOY), to $606 million. Adjusted net earnings from continuing operations totaled $15 million, down 17%, or 15 cts/share, short of analysts’ consensus of 20 cts/share, as reported by Thomson Reuters (New York). The adjusted earnings exclude costs related to environmental remediation of a closed site in France and restructuring charges.   “As anticipated, with...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa