IHS Chemical Week

People & Business :: Companies

Penford reports gains in sales, earnings for the first quarter

9:53 AM MST | January 9, 2013 | Lindsay Frost

Penford Corp. (Centennial, CO), an ingredient systems provider for industrial and food applications, reported a rise in sales and earnings for its first quarter 2013, ended 30 November. Net income nearly doubled compared to the year-ago quarter, to $1.7 million, or 14 cts/share, beating analyst estimates of a loss of 7 cts/share, according to Thomson Reuters (New York). Sales increased 4%, to $94.9 million. The food ingredients division had a 10% decrease in operating income, to $5.3 million year-over-year (YOY), because of higher investment spending in R&D...

This information is only available to Chemical Week subscribers.


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