World News and Views :: Top of the News
Huntsman Adjusted Earnings Rise 13% on Price Increases
8:36 AM MST | February 16, 2012 | Vincent Valk
Huntsman’s fourth-quarter net income rose 350% year-on-year, to $105 million, or 44 cts/share, on revenues up 9%, to $2.6 billion. However, results in both quarters were significantly impacted by special items. Excluding these items, adjusted earnings for the fourth-quarter totaled $68 million, or 28 cts/share, up 13% from the year-ago period. Price increases in the company's pigments segment accounted for most of the rise in earnings. Earnings narrowly beat analysts’ estimates of 27 cts/share, as reported by Thomson One (New York). The...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee