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Article: OM Group Announces 2006 Second Quarter Results.
- Article from:
- PR Newswire
- Article date:
- August 4, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CLEVELAND, Aug. 4 /PRNewswire-FirstCall/ -- OM Group, Inc. today announced its 2006 second quarter results.
Net sales for the three months ended June 30, 2006 were $330.2 million, compared to $314.7 million reported in the corresponding three-month period of 2005. Operating profit in the second quarter of 2006 was $58.4 million, 186 percent higher than the $20.4 million reported in the second quarter a year ago. Net income increased to $53.1 million, or $1.80 per diluted share, for the second quarter of 2006, up 369 percent from last year's second quarter net income of $11.3 million, or $0.40 per diluted share.
As reported previously, the primary ...