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Elementis says first-quarter volumes increased, full-year profits likely to meet expectations

8:05 AM MDT | April 24, 2014 | Francinia Protti-Alvarez

Elementis's (London) first-quarter sales volumes increased across most segments, the company announced today in an interim management statement. The company did not disclose profit or revenue figures. "Elementis has started the year with good sales momentum across its broad-based growth platform and we anticipate full-year earnings will be in line with market expectations," says David Dutro, CEO of Elementis. Sales volumes in specialty products were 3% higher year-on-year (YOY) with currency having no material impact on sales or operating profit, and...

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