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DSM's Third Quarter Sales and Earnings Slide; Optimistic for Rest of the Year
2:05 AM MST | November 3, 2009 | Natasha Alperowicz
DSM's continuing operations showed a 29% drop to €257 million ($379.2 million) in profit before interest, tax, depreciation and amortization (Ebitda) in the third quarter of this year on sales 14% lower at €2.02 billion. Earnings before interest and tax (Ebit) was 41% lower at €139 million compared with the year-ago period. Only the nutrition and polymer intermediates businesses showed an Ebit improvement with nutrition showing a 14% Ebit rise to €119 million and polymer intermediates 11% higher at €21 million compared...
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