IHS Chemical Week

Regions :: Eastern Europe

Celanese Earnings Miss Estimates on Weakness in Europe

10:15 AM MDT | April 24, 2012 | Kara Sissell

Celanese reported lower-than-expected first quarter net earnings of $183 million, up 24% from the year-ago quarter, citing weakness in Europe, particularly poor margins and demand for acetyls. Reported adjusted earnings were 72 cts/share, short of the consensus of analyst estimates of 77 cts/share as reported by Thomson Reuters (New York). First quarter sales rose 2.8%, to $1.63 billion, driven by higher volumes in the acetyl intermediates and industrial specialties segments. Celanese expects the current challenging market conditions in Europe and Asia outside of...

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