IHS Chemical Week
EARNINGS/FINANCE

Oxiteno Ebitda drops in fourth quarter

10:50 AM MST | February 27, 2015 | Francinia Protti-Alvarez

Oxiteno, the chemicals business of Ultrapar (São Paulo), posted a 98 million reais ($34 million) Ebitda during the last quarter of 2014 down 9% year-on-year (YOY), according to Ultrapar's latest results. The drop was mainly due to the reduction in the...


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Sika reports record year 2014, sales grow 8% to $5.9 billion, Ebit leaps 21%

Sika (Baar, Switzerland), today reported that its sales rose to 5.57 billion Swiss francs ($5.9 billion) in full-year 2014, an increase of 13% in local currencies, or 8.3% in reporting currency, compared with the previous year. Sales reached record levels in...

BASF reports higher earnings on flat sales, will reduce capital expenditure this year

BASF today reported fourth-quarter sales of €18.0 billion ($20.2 billion) almost matching the previous year’s level of €18.1 billion. Earnings before interest and tax (Ebit) was 2.8% higher at €1.5 billion. The company reported...

Ecolab earnings match estimates on higher sales

Ecolab today reported fourth-quarter net income up 17% year-on-year (YOY), to $335.5 million, on net sales up 3%, to $3.68 billion. Adjusted earnings totaled $1.20/share, matching analysts’ consensus estimate, as reported by Thomson Reuters (New York)...

Ferro earnings tumble on lower sales

Ferro today reported fourth-quarter net income down 81% year-on-year (YOY), to $11.4 million, on sales down 5%, to $260.9 million. The company reported a loss from continuing operations of 35 cts/share, compared with 65 cts/share in the year-ago quarter...

Koppers loss widens on negative oil impacts

Koppers today reported a fourth-quarter net loss of $33.5 million, or $1.67/share, compared with a loss of $4.1 million in the year-ago quarter. Net sales grew by 25% year-on-year (YOY), to $426.7 million, mostly due to an acquisition. Koppers’ adjusted...

Mexichem's net loss widens despite higher sales

Mexichem (Tlalnepantla, Mexico) today reported a $27-million net loss for the fourth quarter of 2014 compared with a net loss of $8 million in the corresponding quarter of 2013, despite higher sales. The loss is mainly explained by lower operating income...

Solvay's net profit soars but functional polymers sales shrink

Solvay today reported net income of €158 million ($179.4 million) during the last quarter of 2014, up from €29 million one year earlier. Recurring Ebitda (Rebitda) was €414 million, up 10% year-on-year (YOY) from €375 million. Solvay...

Bayer reports improved results, will decide on either a spinoff or IPO of MaterialScience

Bayer today reported a 7.4% rise in 2014 net income to €3.43 billion ($3.89 billion) on 5.2% higher sales of €42.24 billion. Adjusted for currency and portfolio effects, sales grew by 7.2%.  All subgroups contributed to this increase, the...

Chemtura beats estimates despite lower sales

Chemtura today reported fourth-quarter adjusted net earnings from continuing operations of $8 million, or 10 cts/share, down 50% year-on-year (YOY), on net sales down 14%, to $467 million. Adjusted earnings beat analysts’ consensus estimate of 7...

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