IHS Chemical Week

People & Business :: Companies

Omnova's Profits Improve on Lower Costs

8:17 AM MST | January 19, 2010 | Kerri Walsh

 Omnova Solutions reported net income of $11.1 million for its fiscal fourth quarter ended November 30, compared to $800,000. Fourth-quarter 2009 earnings included restructuring, severance, asset impairment and other charges totaling $400,000, compared to $300,000 in the year-ago period. Sales fell 14%, to $189 million because of lower selling prices and unfavorable currency exchange rates, Omnova says. Margins improved because of lower raw material costs and reduced manufacturing expenses, the company says. Profits from the performance chemicals division...

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