IHS Chemical Week

People & Business :: Companies

Celanese Operating Profits and Sales Rise on Higher Demand and Pricing

4:49 AM MDT | April 22, 2008 | Kerri Walsh

Celanese reported first-quarter net income down 28%, to $145 million, but include $79 million from discontinued operations in the year-ago period. Sales rose 19%, to $1.85 billion, mainly because of higher pricing and demand in its acetyl intermediates and downstream businesses, favorable currency exchange rates, and increased volumes related to growth in Asia. Celanese reported adjusted earnings of $1.06/share, which beat the consensus of analysts’ estimates of 95 cts/share. Operating profit improved 14%, to $234 million because the increase in sales more than...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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