IHS Chemical Week

Markets :: Specialty Chemicals :: Catalysts

Albemarle beats estimates, but earnings fall on lower sales

3:22 PM MDT | October 16, 2013 | Vincent Valk

Albemarle has reported third-quarter net income of $90.5 million, down 1.7% year-on-year (YOY), on net sales down 1.9%, to $648.6 million. Sales fell due to the exit of Albemarle’s phosphorous flame retardants business, lower metals surcharges, and low prices for bromines, the company says. Adjusted earnings totaled $1.09/share, beating analysts’ consensus estimate of $1.06/share, as reported by Thomson Reuters (New York). "Third quarter results came in about as expected and earnings per share was up 13% sequentially, driven largely by improved...

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