A. Schulman Net Income Rises 48% on Higher Selling Prices

A. Schulman’s fiscal first-quarter net income rose 48% year-on-year, to $13.6 million, or 46 cts/share, on sales up 4.4%, to $517.3 million. The sales increase was driven by higher selling prices, which offset a 9.2% drop in volumes, on a pound basis. The company’s fiscal first-quarter ended on November 30, 2011.   Net sales rose 1.8% in Europe, the Middle East, and Africa (EMEA), to $352.9 million, 11.2% in the Americas to $128 million, and 8.3% in Asia Pacific to $36.4 million. In the Americas, the increase was driven by a shifting in the...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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