DSM Reports a 43% Drop in Fourth-Quarter Profits as European Growth Stalls

DSM reported a net profit for the fourth quarter 2011 down 43% compared with the year-ago quarter to €85 million ($114 million), on corresponding sales up 1% to €2.2 billion. Net profit for the quarter before exceptional items grew 1% compared with the same period a year ago to €118 million, while sales of continuing operations increased 7%.DSM has proposed to increase its share dividend for 2011 by €0.10 to €1.45 per ordinary share.   DSM’s full year 2011 net profit growth was stronger than for the final quarter of 2011 and...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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