AkzoNobel rebound continues in the third quarter with solid profit growth and robust cash generation
Highlights Q3 2023 (compared with Q3 2022) Revenue in constant currencies up 5% on pricing, despite flat volumes; reported revenue…
Category: Financial News
The Sherwin-Williams Company to Report 2023 Third Quarter Financial Results
The Sherwin-Williams Company (NYSE: SHW) announced its financial results for the third quarter ended September 30, 2023. All comparisons are to…
PPG to report third quarter financial results; raises full-year EPS guidance
Record third quarter net sales of $4.6 billion Net sales up 4% year over year (YOY) aided by resilient business…
Arkema to report second-quarter 2023 results
In an economic environment that was in line with that of recent quarters and marked by weak demand in most…
SONGWON Industrial Group to announce Q2/2023 Financial Results
SONGWON Industrial Group published its Q2 and half-year financial results for the 2023 financial year. Over the quarter, the Group…
Evonik to post significant profit decline in second quarter | Economic environment remains difficult
Adjusted EBITDA in second quarter falls 38 percent to €450 million year-over-year Weak demand holds back recovery Good progress towards…
Weak Demand in Chemical Business Impacts WACKER’s Sales and Earnings Growth in Q2 2023
Wacker Chemie AG saw its sales and earnings decline in the second quarter of 2023 due to the persistently difficult…
Tronox earnings up sequentially on recovering TiO2
Achieved Adjusted EBITDA at the high end of the guided range Generated free cash flow above expectations Tronox Holdings plc…
PPG reports record second quarter financial results; raises full-year guidance
Record quarterly net sales of $4.9 billion Organic sales growth of 4% year over year (YOY), led by higher selling…
BASF Group achieves Q2 2023 EBIT before special items in line with analyst consensus and adjusts outlook for 2023
Q2 2023: Sales of €17.3 billion EBIT before special items of €1.0 billion Outlook 2023: Sales expected between €73 billion and…
AkzoNobel’s first quarter volumes above expectation with robust pricing; Europe resilient and China rebounding
Highlights Q1 2023 (compared with Q1 2022) Revenue up 5% and up 8% in constant currencies1 Pricing up 7%, more…
Evonik Q1 Profit Drops
Adjusted EBITDA down 44 percent to €409 million Earnings forecast confirmed at lower end of range Luelsdorf site successfully sold…
PPG expects first quarter financial results to exceed previous guidance; detailed financial update to be provided April 20
PPG (NYSE:PPG) today announced that first quarter 2023 adjusted earnings per diluted share (EPS) is expected to be between $1.52…
Arkema publish full-year 2022 results
· With sales of €11.5 billion, strong earnings growth in the year and excellent cash generation including the slowdown in…
BASF Group: Reporting on the 2022 business year
Sales: €87.3 billion (plus 11.1 percent) EBIT before special items: €6.9 billion (minus 11.5 percent) Cash flows from operating activities:…
AkzoNobel earnings drop on weak demand, lower volumes
Grows revenue on increased pricing, despite macro-economic headwinds impacting volumes and results. Akzo Nobel N.V. published its results for Q4…
PPG reports fourth quarter and full-year 2022 financial results
Fourth quarter highlights include: Net sales of $4.2 billion, up 5% in constant currencies driven by higher selling prices Reported…
BASF achieved solid EBIT before special items despite continued high raw materials and energy prices
Sales of €21.9 billion up 12 percent over prior-year quarter EBIT before special items of €1.3 billion down by €517 million versus prior-year quarter…
Covestro achieves EBITDA guidance despite looming recession
Group Sales rise to EUR 4.6 billion (+7.3%) EBITDA of EUR 302 million (–65.0%) Net income total EUR 12 million…
Sherwin-Williams beats estimates on strong pricing, higher volumes in the Americas
Sherwin-Williams (SW) reported third-quarter net income up 36.4% year-on-year (YOY), to $685.1 million, on net sales up 17.5%, to $6.05…
PPG reports third quarter 2022 financial results
Record third quarter net sales of $4.5 billion, up about 8% in constant currencies Organic sales growth of more than…
AkzoNobel revenue up 19% due to strong pricing, despite increased macroeconomic headwinds impacting results
Highlights Grow & Deliver (compared with Q3 2021) Revenue up 19% and 14% higher in constant currencies1, pricing up 13%…
AkzoNobel provides Q3 update following high macro-economic uncertainty
AkzoNobel provides a Q3 update as high macro-economic uncertainty - especially in Europe and China - led to near historical…
Evonik grows strongly in the first half of the year and confirms outlook for adjusted EBITDA for 2022
Adjusted EBITDA growth of 12 percent in Q2;Higher raw material, logistics and energy costs offset by product price increases;Outlook 2022:…
LANXESS with good Q2 2022 despite challenging environment
Second-quarter sales up 36.1 percent to EUR 1.999 billionEBITDA pre exceptionals up 14.5 percent year-on-year at EUR 253 millionPositive contribution…
Covestro flags heightened gas supply risks, potential production cuts
Covestro says it expects an “increasingly challenging” second half of the year and anticipates Russia’s war against Ukraine will continue…
Arkema publishes second-quarter 2022 results
Excellent quarterly results, confirming the soundness of our strategy toward Specialty Materials, and achieved in a very inflationary context.Annual guidance…
Covestro reduced earnings outlook for 2022
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of…
PPG reports second quarter 2022 financial results
Record second quarter net sales of $4.7 billion, approximately 8% higher than prior yearOrganic sales growth of 8%, driven by…
BASF again with strong earnings despite continued high prices for raw materials and energy
Sales growth of 16.3 percent to €23.0 billionEBIT before special items of €2.3 billion on the level of prior-year quarterNet income of €2.1 billion…