in this issue
Regions :: Western Europe :: Finland
Nonrecurring items dent Kemira's net profits; seven sites to be closed or sold
12:07 PM MDT | October 24, 2012 | Sotirios Frantzanas
Kemira says its sales increased 2% in the third quarter of 2012, to €567.2 million ($735.5 million), compared with €558.3 million in the third quarter of 2011. Net profits and earnings per share (EPS), however, shrank to €1.1 million and €0.00/share in the third quarter of 2012, compared with €32.9 million and €0.21/share in the same period of the prior year, respectively. The decreases in net profits and EPS were mainly because of nonrecurring items totaling €46 million that were mostly related to Kemira's restructuring program...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee