TITLE

Cognis sees its sales rise but earnings fall

AUTHOR(S)
Watts, Mark
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article states that specialty chemicals producer Cognis has reported a 1.3% drop in its first quarter earnings before interest, tax, depreciation and amortisation to € 111 million, despite a rise in sales. Net sales increased by 1.7% year-on-year to € 890 million, driven by growth in care chemicals and oleochemicals. Cognis' care chemicals unit posted a 2.4% rise in revenue to € 362 million, driven by strong volumes in innovative specialties and primary surfactants.
ACCESSION #
25376876

 

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