IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

Rockwood nets big one-time gain on ceramics sale; adjusted earnings fall

11:04 AM MST | November 12, 2013 | Vincent Valk

Rockwood has reported third-quarter adjusted net income of $48.2 million, or 63 cts/share, down 31.5% year-on-year (YOY), on sales up 3.2%, to $890.1 million. Actual net income totaled $1.11 billion, however, including $1.06 billion in proceeds from the sale of the advanced ceramics business, which closed during the quarter. Adjusted earnings beat analysts’ consensus estimate of 50 cts/share, as reported by Thomson Reuters (New York). Rockwood’s adjusted earnings fell primarily because of lower titanium dioxide (TiO2) selling prices. However, in...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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