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Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

FMC's Income Rises on Strong Sales Across All Businesses

3:25 PM MST | February 8, 2012 | Lindsey Bewley

FMC announced fourth-quarter 2011 net income up of $77.9 million ($1.10/share), compared to a net loss of $53.5 million (74 cts share) in the fourth quarter of 2010. Net income in the current quarter included restructuring and other income and charges of $33.7 million after-tax, or charges of 48 cts share, versus restructuring and other income and charges of $133.2 million after-tax, or charges of $1.84/share in the prior-year quarter. Excluding these items in both periods, FMC earned $1.58/share in the current quarter, an increase of 44% versus $1.10/share in...

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