IHS Chemical Week

People & Business :: Earnings/Finance

Schulman Volumes Slump on Weak European Economy

2:53 PM MDT | April 4, 2012 | Rebecca Coons

A. Schulman reported net income of $9.1 million (31 cts/share) for its fiscal second quarter ended February 29, up 22% from the year-ago quarter. Excluding certain restructuring and acquisition-related expenses, net income slumped 8%, to $11.2 million (38 cts/share). Analysts’ consensus was for 44 cts/share, as reported by Thomson Reuters (New York). Sales fell 3%, to $496 million, and volumes were off 8%.   "Traditionally, our second quarter tends to be less profitable than the first quarter due to the holiday season, but beyond that, the first...

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