Rhodia Q3 profits soar on cost cuts

Gibson, Jane
November 2006
ICIS Chemical Business;11/20/2006, Vol. 1 Issue 44, p10
Trade Publication
The article reports on the rise in profits posted by Rhodia in the third quarter of 2006. Improved operating performance, lower restructuring costs, plus strong demand and higher product prices helped the company deliver a 14-fold rise to € 112 million in third-quarter operating profits. Recurring earnings before interest, tax, depreciation and amortization were up 60% to € 160 million.


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