IHS Chemical Week

Markets :: Specialty Chemicals :: Lubricants

Innospec earnings down as sales remain flat

10:31 AM MDT | May 7, 2013 | Vincent Valk

Innospec today reported first-quarter net income down 26.8% year-on-year (YOY), to $18 million, on sales that were flat, at $199.4 million. Adjusted earnings totaled 72 cts/share, down 28%, and well short of analysts’ consensus of 85 cts/share, as reported by Thomson Reuters (New York).   Fuel specialties segment sales were up 7.1% YOY, to $140 million, while segment operating income rose 14.7%, to $24.9 million. Higher prices and an improved product mix drove the increases, along with higher revenues from the acquisition of Strata Control. Volumes...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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