IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Omnova beats estimates despite net income decline

10:32 AM MDT | June 27, 2013 | Vincent Valk

Omnova’s fiscal second-quarter net income declined 58.6% year-on-year (YOY), to $2.9 million, on sales down 11.9%, to $270.8 million. Adjusted earnings from continuing operations, excluding restructuring and refinancing costs, totaled $7.1 million, or 16 cts/share, down 14.5% YOY but ahead of analysts’ consensus of 15 cts/share, as reported by Thomson Reuters. Omnova’s fiscal second-quarter ended on 31 May. "We have made a number of structural improvements that we expect will contribute to improved results during the remainder of the year...

This information is only available to Chemical Week subscribers.

Username:
Password:

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