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Calgon Carbon earnings rise on higher sales

10:05 AM MDT | August 8, 2014 | Vincent Valk

Calgon Carbon today reported earnings up 17.2% year-on-year (YOY), to $15.2 million, or 28 cts/share, on sales up 3.3%, to $145.1 million. Earnings totaled 28 cts/share, matching analysts’ consensus estimate, as reported by Thomson Reuters (New York). “Results for the second quarter of 2014 reflect our on-going efforts to realize sustainable growth. Going forward, earnings should continue to be favorably impacted by the aggressive implementation of current and future cost improvement initiatives. We also expect to achieve top-line growth from projects...

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