IHS Chemical Week

Regions :: Western Europe :: France

Rhodia Posts a Big Rise in Earnings

3:57 AM MDT | July 28, 2011 | Ian Young

Rhodia posted a more than doubling in second-quarter net profits compared with the same period of last year, to €113 million on sales up 22%, to €1.6 billion. Recurring Ebitda increased 31%, to €297 million and operating profits jumped 49%, to €218 million. Solvay announced plans earlier this year to acquire Rhodia for €3.4 billion. Rhodia's sales increase partly reflects 7% volume growth and an average 16% increase in selling prices. Higher prices also drove earnings growth, offsetting adverse foreign exchange effects as well as...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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