RPM International Inc. reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible repatriation of overseas earnings to fund future obligations for the company's Specialty Products Holding Corp. (SPHC) settlement.
Specialty chemicals company Clariant announced 2014 full-year sales from continuing operations of CHF 6.116 billion compared to CHF 6.076 billion in full-year 2013, an increase of 5% in local currencies, mainly driven by higher volumes (+4%). In Swiss francs, sales increased by 1%.
Akzo Nobel N.V. reported positive volume growth and an improvement in return on sales (ROS) for the full-year 2014. Excluding incidentals, ROS was 7.5% in 2014 compared to 6.1% in 2013.
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6%, versus the prior-year figure of $3.5 billion.
For the third quarter of 2014, Akzo Nobel N.V. (AkzoNobel) reported positive volume growth and an improvement in return on sales (ROS) from 8.0% to 9.1%.