Markets :: Specialty Chemicals :: Paints and Coatings
Elementis's profit drops 14% despite stable sales
8:22 AM MST | February 26, 2013 | Francinia Protti-Alvarez
Elementis (London) generated $107.1 million in net profit during 2012, a drop of almost 14% on 2011, the company reported today. The company's operating profit nevertheless grew 5% between 2011 and 2012, from $137.1 million to $143.9 million. Sales figures were also relatively stable, nudging down only slightly, from $760.5 million in 2011 to $757 million last year; sales figures in the specialty products and chromium segments increased by about 2% and 4%, respectively. Sales in specialty products were $458.7 million, compared with $449.9 million in 2011, driven...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee