TITLE

Kemira purchases prompt a rise in sales and profits

AUTHOR(S)
Bains, Elizabeth; Gibson, Jane
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/7/2007, Vol. 2 Issue 65, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article explains that Kemira's acquisition drive has led to a 7% year-on-year rise in first-quarter 2007 operating profit and a 22% increase in sales. Operating profit was €48.9 million, with acquisitions contributing €4.7 million. Revenue totalled £673.3 million, while earnings before interest, tax, depreciation and amortisation increased by 10% to £82.6 million.
ACCESSION #
25401624

 

Related Articles

  • Kemira's purchases prompt a rise in sales and profits. Bains, Elizabeth; Gibson, Jane // ICIS Chemical Business Americas;5/7/2007, Vol. 271 Issue 18, p12 

    The article reports on the financial performance of chemical form Kemira for the first quarter of 2007. Operating profit increased 7 percent year-on-year to €48.9 million, with acquisitions contributing €4.7 million. The water chemicals division saw the strongest improvement, with...

  • Heartwarming results for Kemira. Robinson, Simon // ICIS Chemical Business;2/13/2006, Vol. 1 Issue 6, p10 

    The article reports on the financial performance of Finnish chemicals group Kemira in 2005. The company posted a 48% increase in operating profit. Its sales reached €1.99 billion. It provides an outlook for Kemira's performance in 2006.

  • Economic headwinds stifle fourth-quarter results.  // Chemical Week;2/17/2014, Vol. 176 Issue 5, p15 

    The article reports that some European chemical companies posted poor earnings and sales performances in the fourth quarter of 2013. It reports that the poor results have been attributed to adverse currency effects and regional economic uncertainty. It mentions that AkzoNobel posted increases in...

  • Kemira group profits up 35%. Robinson, Simon // European Chemical News;8/9/2004, Vol. 81 Issue 2112, p9 

    Discusses statistics on operating profits of Finland-based Kemira. Reason behind the growth of Kemwater, a division of Kemira; Plan of Kemira to sell one of its division, Grow-How; Status of Kemira's industrial chemicals business.

  • European Fine Chemicals Industry Expresses Renewed Optimism. Milmo, Sean // Chemical Market Reporter;5/17/2004, Vol. 265 Issue 20, p6 

    Reports on the emergence of fine chemicals companies from the worst of the downturn that has decreased sales and decimated profits throughout the industry in Europe. Expectations raised by the renewed optimism among some producers that the pace of mergers and acquisitions will accelerate;...

  • Results roundup.  // Chemical Market Reporter;8/1/2005, Vol. 268 Issue 4, p10 

    Reports on the financial performance of various chemical companies. Shell's chemicals segment; Kemira; Octel; Elementis; Syngenta.

  • BUSINESS. Robinson, Simon // European Chemical News;12/6/2004, Vol. 81 Issue 2127, p6 

    Presents news briefs on the chemical industry in Europe as of December 2004. Purchase of Kemira's stakes by CPS Color Group for undisclosed sum to other major shareholders; Reason for the increase in the third-quarter earnings of Bayer MaterialScience (BMS) according to Hagen Noerenberg, chief...

  • Kemira profits take a hit. Gibson, Jane; Robinson, Simon // ICIS Chemical Business Americas;2/12/2007, Vol. 271 Issue 6, p18 

    The article reports on the financial performance of Kemira for the fourth-quarter of 2006. The company posted a 19% fall in its fourth-quarter operating profit. Titanium dioxide production losses were partly responsible for the profit drop. Divestments weakened operating profit. Revenue in the...

  • Kemira profits rise to €75m. Ovrebekk, Hilde; Robinson, Simon // ICIS Chemical Business Americas;11/6/2006, Vol. 270 Issue 17, p14 

    The article reports on the increase in operating profits of Kemira in the third quarter of 2006. Revenues were 20 percent higher while earnings before interest, tax, depreciation and amortization were 17 percent up. The company expects full-year revenue and earnings to increase from 2005. Net...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics