IHS Chemical Week

People & Business :: M&A

Ashland beats estimates despite lower sales, confirms water treatment sale

9:50 AM MST | November 5, 2013 | Vincent Valk

Ashland today reported fiscal fourth-quarter net income from continuing operations of $404 million, or $5.13/share, compared with a $272-million net loss in the year-ago quarter. One-time gains, particularly an actuarial gain on pensions, added $283 million, or $3.59/share, to fourth-quarter results. Excluding these gains, adjusted earnings totaled $1.54/share, beating analysts’ consensus estimate of $1.50/share, as reported by Thomson Reuters. Sales declined 7% year-on-year (YOY), to $1.9 billion. Ashland’s fiscal fourth-quarter ended on 30...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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