Regions :: Western Europe :: Finland
Kemira reports widening fourth-quarter loss as restructuring continues
7:06 AM MST | February 7, 2014 | Natasha Alperowicz
Kemira (Helsinki) today reported a fourth-quarter net loss of €48.7 million ($66.06 million) compared with a net loss of €40.4 million in the year-earlier period. Revenues were down 2% to €545.2 million, due to unfavorable currency exchange rates. Full-year net loss stood at €25.9 million compared with a net profit of €22.4 million in 2012. Full-year revenue was flat at €2.23 billion. “Kemira’s organic revenue and operative [earnings before interest and tax] increased slightly in the fourth quarter. Of the two...
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