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Elementis's profits and revenues rise

3:58 AM MDT | July 29, 2014 | Natasha Alperowicz

Elementis today announced its interim six-month results, reporting a 5% rise in operating profit, to $76.8 million. Sales were up 3%, to $400 million, while operating margin, at 19%, remained the same as in the first six months of 2013. “Elementis has delivered a performance in the first half of 2014 that demonstrates once again the resilience of our business model. The group’s strategy of creating its own growth opportunities combined with its strong and diverse market positions has helped to offset the first-quarter weather issues that impacted our...

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