IHS Chemical Week

People & Business :: Companies

Penford reports gains in sales, earnings for the first quarter

10:16 AM MST | January 9, 2013 | Lindsay Frost

Penford Corp. (Centennial, CO), an ingredient systems provider for industrial and food applications, reported a rise in sales and earnings for its first quarter 2013, ended 30 November. Net income nearly doubled compared to the year-ago quarter, to $1.7 million, or 14 cts/share, beating analyst estimates of a loss of 7 cts/share, according to Thomson Reuters (New York). Sales increased 4%, to $94.9 million. The food ingredients division had a 10% decrease in operating income, to $5.3 million year-over-year (YOY), because of higher investment spending in R&D...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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