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Markets :: Specialty Chemicals :: Water treatment

Calgon Carbon Reports Income Decline

9:57 AM MDT | May 4, 2009 | Vincent Valk

Calgon Carbon reported $6 million in income for the first quarter of 2009, a decrease from $10.4 million in the year-ago period. Income totaled 11 cts/share, compared to 20 cts/share in the first quarter of 2008. However, 2008’s first quarter earnings included $5.7 million in proceeds from the settlement of a lawsuit. Sales for the first quarter of 2009 were $90.6 million, up slightly from $90.3 million in the year-ago period. The company’s Advanced Carbon and Service segment posted a 1.1% sales increase due to higher pricing, while equipment sales...

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