Items Tagged with 'financial results'

The constant-currency gain came as Azelis recorded a €350 million noncash goodwill impairment in the Americas, giving the quarter a mixed financial picture.

Higher prices and volumes lifted segment sales, while operating EBIT increased to $154 million from $80 million a year earlier.

Organic growth lifted the coated-materials segment, although input costs pressured margins; a subsequent acquisition adds optical-coatings technology and new end-market exposure.

The segment posted 10.2% sales growth and 18.2% adjusted EBITDA growth as RPM reset its full-year expectations amid raw-material inflation.

The corrosion-protection supplier reported $59.6 million in quarterly sales and $142.3 million in backlog as it expanded manufacturing operations.

Management outlined how capacity, local technical service and portfolio execution could move the industrial segment beyond its current high-teens range.

The supplier outlined new growth, investment and savings priorities for its polymers, silicones and other businesses.

Demand, customer inventory building and regional strength supported the specialty chemicals group as it maintained its full-year outlook.

The coatings-focused businesses were among ALTANA’s strongest performers as raw-material risks build for the second half.

The company’s Industrial Precision Solutions segment posted higher sales, supported by growth in industrial coatings and other product lines.