IHS Chemical Week

World News and Views :: Top of the News

Alpek reports 61% drop in first-quarter net income

4:29 AM MDT | April 17, 2014 | Francinia Protti-Alvarez

Alpek (San Pedro Garza García, Mexico) reports $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million loss recorded in the fourth quarter of last year. Ebitda was $105 million during the first quarter, down 34% YOY. Revenue totaled $1.6 billion, 14% lower YOY, because of lower prices, the company says. "First-quarter results largely reflect the challenges that we had anticipated heading into 2014. We will continue proactively implementing cost-saving initiatives to mitigate...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


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