People & Business :: Earnings/Finance
Cambrex posts gain on tax benefit
3:55 PM MST | February 6, 2013 | Rebecca Coons
Cambrex reported a net income of $43.6 million for its fiscal third quarter ended 31 December, up from $741,000 in the year-ago quarter. The 2012 quarter included a tax benefit of $36 million. Sales increased 4.8%, to $70.4 million, as demand for certain custom manufacturing products partially offset lower prices. Cambrex says it expects full-year 2013 sales, excluding the impact of foreign currency, to increase 8%-12% over 2012. "We expect 2013 to be our third consecutive year of increased sales and EBITDA and we will be making important capital...
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