IHS Chemical Week

Markets :: Specialty Chemicals :: Water treatment

Nalco Swings to Profit, Raises Full-Year Guidance

7:39 AM MDT | July 28, 2010 | Nancy Seewald

Nalco reported second-quarter net earnings of $57 million, compared with a net loss of $27.3 million in the same period last year. Adjusted earnings were 41 cts/share, compared with 13 cts/share in the year-ago period and analysts’ consensus of 34 cts/share, as reported by Thomson One (New York). Sales rose 19%, to $1.09 billion, due mostly to 17% organic growth. Sales of Corexit dispersant to BP for use in the Gulf of Mexico oil spill contributed $70 million in sales.  "We are on track toward doubling our base revenue growth by executing our...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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