PolyOne Sets $5-Billion Revenue Target for 2015

PolyOne officials say the company expects to achieve at least $2.50/share of adjusted earnings and $5 billion in revenue by 2015. The target reflects a sales increase of 72% and an earnings increase of more than double 2011 levels. PolyOne posted 2011 revenues of $2.9 billion and adjusted earnings of $1.02/share. The company announced the targets at an investor day held in New York on May 16. “Having nearly met or exceeded each of the long-term goals we established in 2006, we’re now elevating our expectations,” says Stephen Newlin, PolyOne...

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