IHS Chemical Week

Regions :: North America

Ferro earnings top estimates despite sales decline

4:03 PM MDT | April 24, 2013 | Vincent Valk

Ferro has reported first-quarter net income of $800,000 down 78.9% from the same quarter last year, on sales down 9.1% year-on-year (YOY), to $418 million. Excluding discontinued operations, adjusted earnings from continuing operations totaled 10 cts/share, beating analysts’ consensus of 5 cts/share, as reported by Thomson Reuters (New York). Ferro announced the sale of its loss-making solar pastes business during the quarter, and announced the sale of its pharmaceuticals business on 1 April. Lower volumes, selling prices and a less-favorable product mix...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2014 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