IHS Chemical Week

World News and Views :: Top of the News

Celanese’s Profits Fall, but Beat Estimates

5:57 AM MDT | July 29, 2009 | Nancy Seewald

Celanese reported net earnings of $104 million, down 22% from the year-ago period, on sales down 33%, to $1.24 billion. The company cites lower selling prices and volumes, partially offset by cost-reduction initiatives. Earnings per share, excluding special items, were 53 cts, beating out analysts’ consensus of 46 cts/share, as reported by Thomson Reuters (New York). “While the current economic environment continues to be challenging, growth in Asia continued while demand in North America and in many European segments stabilized during the...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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