in this issue
Markets :: Specialty Chemicals :: Water treatment
Calgon Carbon earnings up, sales fall on weaker demand
11:20 AM MST | February 19, 2014 | Lindsay Frost
Calgon Carbon today reported stronger earnings for the fourth quarter, though sales were down on weaker demand. Net income of $11 million was up 20% year-on-year, with earnings per share of 20 cts/share in line with analysts' estimates, according to Thomson Reuters. Net sales fell 6%, to $133.1 million, because of lower sales of activated carbon in Asia and lower demand for mercury removal carbon in the United States, the company says. “We achieved significant improvement in profitability despite a challenging sales environment in certain markets and the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee