People & Business :: Companies
Praxair Income Rises 16%; Raises Full-Year EPS Guidance
10:38 AM MDT | July 27, 2011 | Vincent Valk
Praxair reported net income of $425 million in the second-quarter, up 15% from the same period last year, on sales of $2.86 billion, up 13%. Earnings totaled $1.38/share, up 16% from last year, slightly beating analysts' estimates of $1.37/share, according to Thomson One. Sales rose in all regions, with particular growth in the manufacturing, metals and chemicals markets, and rose 6% from the first-quarter due to higher volumes and selling prices. Adjusted EBITDA totaled $892 million in the second-quarter, up 12% from the same period last year. Operating...
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