IHS Chemical Week

World News and Views :: Top of the News

Schulman Increases Full-Year Guidance as Volumes Improve

11:34 AM MDT | October 14, 2011 | Rebecca Coons

A. Schulman says it expects profits to exceed its previous guidance for its fiscal year ended August 31 due to unexpected strength in volume, improved margins, and favorable tax adjustments. The company reports preliminary adjusted net income of $58 million for its fiscal year, compared with previous guidance of $50-$52 million. The updated guidance is in line with analysts' estimates, as reported by Thomson One (New York).  The company also raised its quarterly dividend 10%, to 17 cts/share, payable November 1. Schulman lowered its guidance in August...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa