IHS Chemical Week

People & Business :: Companies

Cytec Posts Loss, Sales Decline

3:03 PM MDT | July 16, 2009 | Vincent Valk

Cytec posted a second quarter loss of $24.8 million, or 52 cts/share, the company announced today. The figure includes $24.2 million in one-time charges. Excluding those charges, the loss totals $600,000, or 1 ct/share. The company posted earnings of $56.5 million, or $1.16/share, in the year-ago period. Second quarter sales totaled $685 million, down from $1 billion in year-ago period, but up slightly from $612 million in the first quarter. Sales and earnings declined across the company, with the coatings resins segment posting the largest sales drop, at 38%...

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