IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Rockwood falls short of estimates on weak TiO2 results

10:29 AM MDT | August 5, 2013 | Vincent Valk

Rockwood today reported second-quarter net income down 85.6% year-on-year (YOY), to $32.3 million, or 41 cts/share, on net sales up 7.8%, to $822.3 million. Results include $25.5 million in charges related to divestiture processes in this quarter and a $125.8-million one-time tax gain in the year-ago quarter. Excluding these items, adjusted net income fell 41.7%, to $57.8 million, or 73 cts/share, short of analysts’ consensus estimate of 76 cts/share, as reported by Thomson Reuters (New York). Weak results in the titanium dioxide (TiO2) pigments...

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 subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


contact us | about us | privacy policy | sitemap

ihsCopyright © 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