People & Business :: Companies
Innospec earnings rise on acquisitions
3:51 PM MST | February 12, 2014 | Vincent Valk
Innospec today reported fourth-quarter net income of $28.7 million, or $1.17/share, more than double that of the year-ago period, on sales up 13% year-on-year (YOY), to $241.6 million. Adjusted earnings, excluding some foreign currency gains and other special charges, totaled $1.06/share, up 28% YOY and ahead of analysts' consensus estimate of 96 cts/share, as reported by Thomson Reuters (New York). "We had a record fourth quarter sales, with a strong contribution from acquisitions, while our core businesses performed as we expected throughout the year...
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:
100% Satisfaction Guarantee