in this issue
Markets :: Specialty Chemicals :: Paints and Coatings
Rockwood earnings fall on weak TiO2, additives results
11:00 AM MST | February 19, 2013 | Vincent Valk
Rockwood’s fourth-quarter earnings declined 66% year-on-year (YOY), to $21.2 million, or 26 cts/share, on sales up 1.8%, to $829 million. Earnings for the 2012 fourth-quarter included $16.8 million in net charges. Excluding these charges, adjusted earnings from continuing operations totaled $38 million, or 47 cts/share, down 47.7% from the year-ago quarter. Adjusted earnings fell slightly short of analysts’ consensus estimate of 48 cts/share, as reported by Thomson Reuters (New York). Titanium dioxide (TiO2) pigments net sales were up...
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