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People & Business :: Earnings/Finance

Kemira to include higher one-off charges in the fourth quarter, because of accelerated restructuring

5:35 AM MST | December 14, 2012 | Ian Young

Kemira says it will include one-off charges totaling €71 million in its fourth-quarter 2012 accounts, more than previously announced. The figure includes €27 million in restructuring charges related to Kemira's previously announced Fit for Growth restructuring program, about €7 million of which have been brought forward from the first half of 2013 because of accelerated implementation of the program. The figure also includes an €18-million write-down related to the divestment of Kemira's food and pharmaceuticals business to Niacet, which was...

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