TITLE

ICI beats expectations

AUTHOR(S)
Gibson, Jane
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/7/2007, Vol. 2 Issue 65, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the financial performance of ICI in its fiscal 2007 first quarter (Q1). The company reported Q1 trading profits of £101 million from continuing operations, up 5% on improved margins compared with Q1 2006. Sales fell by 2% to £1.15 billion but actually rose by 6% if currency effects were excluded. Sales in the North American decorative paints division were down 4%, hit by the downturn in the U.S. housing market.
ACCESSION #
25401609

 

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