IHS Chemical Week

People & Business :: Companies

Stepan reports drop in earnings on low volumes

10:56 AM MDT | April 30, 2013 | Lindsay Frost

Stepan (Northfield, IL) reports a drop in earnings and sales for the first quarter 2013. The company's net income of $19 million decreased 15% year-on-year (YOY) because of lower surfactant and polymer volumes, the company says. Adjusted earnings per share of 94 cts/share were below analyst estimates of $1.18/share, as reported by Thomson Reuters (New York). Earnings declined on lower margins as average selling prices were lower for the surfactant and specialty products segments, the company says. Surfactant margins should benefit from falling raw...

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