in this issue
Chemical Week Magazine :: Top of the Week
Early Reporters’ Results Unhurt by Slowing Economy
11:14 AM MST | January 22, 2008 | Kerri Walsh
Early reporting firms posted strong fourth-quarter results, despite the slowing U.S. economy, particularly the housing sector. PPG Industries reported net income of $200 million ($1.21/share), up 30% from the year-ago quarter, and ahead of First Call’s (Boston) consensus estimates of $1.12/share. Net income from continuing operations was $193 million ($1.17/share), and income from discontinued operations, net of tax, was $7 million (4 cts/share). Revenue increased 15% to $2.87 billion. Bunch: Best quarter in three years. “We achieved over 5% volume...
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