Markets :: Plastics :: Polyvinyl chloride
Axiall fourth-quarter net income up 78% to $57 million
9:29 AM MST | February 20, 2014 | Clay Boswell
Axiall reported fourth-quarter net income of $57 million, up 78% year-over-year (YOY). Net sales of $1.1 billion for the quarter were up 44% YOY. The company attributes the gains primarily to the merger with PPG’s chemical’s business. Adjusted earnings of 88 cts/share beat the analysts’ consensus estimate of 67 cts/share....
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