TITLE

Economic headwinds stifle fourth-quarter results

PUB. DATE
February 2014
SOURCE
Chemical Week;2/17/2014, Vol. 176 Issue 5, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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 profits, although sales declined. It also reports that Kemira posted a fourth quarter net loss of 48.7 million euros and a revenue drop of two percent, mainly due to unfavorable exchange rates.
ACCESSION #
94782305

 

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