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Article: Arch Chemicals Reports Second Quarter 2009 Earnings and Revises Full-Year 2009 Earnings Guidance.
- Article from:
- Business Wire
- Article date:
- July 30, 2009
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Highlights:
* Earnings per share were $1.23 for the second quarter of 2009, compared to $1.33 for the prior year quarter.
* HTH water products operating income increased six percent from the year ago period, principally due to the positive contribution of the Advantis acquisition.
* Third quarter earnings per share are expected to be in the $0.25 to $0.35 range.
* The Company revises its full-year 2009 earnings guidance to $1.60 to $1.80 per share from $1.85 to $2.05 as a result of lower demand for HTH water, industrial biocides and performance urethanes products.
NORWALK, Conn. -- ARCH CHEMICALS, INC. (NYSE: ARJ) announced ...