IHS Chemical Week

People & Business :: Earnings/Finance

Penford reports gains in sales, earnings for the first quarter

10:16 AM MST | January 9, 2013 | Lindsay Frost

Penford Corp. (Centennial, CO), an ingredient systems provider for industrial and food applications, reported a rise in sales and earnings for its first quarter 2013, ended 30 November. Net income nearly doubled compared to the year-ago quarter, to $1.7 million, or 14 cts/share, beating analyst estimates of a loss of 7 cts/share, according to Thomson Reuters (New York). Sales increased 4%, to $94.9 million. The food ingredients division had a 10% decrease in operating income, to $5.3 million year-over-year (YOY), because of higher investment spending in R&D...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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