IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: United States/Americas

Ashland’s Net Income Falls, but Pro Forma Ebitda Rises

9:16 AM MDT | July 27, 2009 | Nancy Seewald

Ashland reported preliminary net income of $50 million (66 cts/share) in its fiscal third quarter ended June 30, down 31% from the year-ago period, on sales down 7%, to $2 billion. The 2009 quarter included charges totaling $34 million. On an adjusted, pro forma basis, Ebitda rose 9%, to $248 million. “Our results benefited from all-time-record quarterly Ebitda from consumer markets, and reduced overall expenses of $87 million, both from integration and other cost-reduction initiatives,” says James O’Brien, chairman and CEO.  “Our...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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