in this issue
World News and Views :: Top of the News
Huntsman earnings fall but match estimates
11:35 AM MDT | July 31, 2013 | Vincent Valk
Huntsman’s second-quarter net income fell 62% year-on-year (YOY), to $47 million, or 19 cts/share, on revenues down 3%, to $2.83 billion. Adjusted earnings totaled 39 cts/share, matching analysts’ consensus estimate, as reported by Thomson Reuters (New York). Adjusted earnings, which exclude costs related to a force majeure at an methylene di-para-phenylene isocyanate (MDI) plant in Europe, still fell 36% YOY. “Excluding the approximate $25-million negative impact from the force majeure at our European MDI facility, and with the exception of our...
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