in this issue
People & Business :: Companies
Higher Sales Lift Most European Chemical Company Profits
11:02 AM MDT | August 27, 2007 | Kerri Walsh
Most late-reporting European chemical companies posted sales and earnings increases for the second quarter and first half. Higher sales volumes and improved cost management helped to drive gains, companies say. Bayer reported second-quarter net income up 46%, to €660 million ($884.5 million), on sales up 22%, to €8.2 billion. The Bayer HealthCare unit drove the sales and earnings improvements, Bayer says. Bayer CropScience reported Ebit before special items up 14%, to €262 million, on sales down 1%, to €1.6 billion. Sales mostly improved in...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: