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Kemira Reports Decreased Net Profits and Sales

2:40 AM MDT | April 24, 2012 | Sotirios Frantzanas

Kemira says its net profits for the first quarter of 2012 fell by approximately 27%, to €29.9 million ($39.4 million) compared with €37.9 million in the same quarter of 2011. The company reports a slight decrease in sales for the first quarter of 2012, to €552.9 million compared with €556.8 million in the first quarter of 2011. Operative Ebit in the quarter also decreased 15%, to €38.2 million compared with €44.9 million in the corresponding quarter of the previous year. Kemira says the decrease in its operative Ebit is mainly a...

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