in this issue
World News and Views :: Top of the News
LyondellBasell Narrowly Beats Estimates on Improved Margins
7:04 AM MDT | May 1, 2012 | Kara Sissell
LyondellBasell reported first quarter net income down 10% compared with the year-ago quarter, to $599 million, on sales down 3%, to $11.88 billion. Excluding charges, earnings per share were $1.07, slightly beating the consensus of analysts' estimates of $1.06/share. Higher margins from shale gas derived production in North America offset weakness in Europe, the company says. “During the first quarter 2012, results improved across all business segments over the fourth quarter 2011. The most notable improvements were in the Olefins & Polyolefins/Americas...
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