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Article: Innophos Holdings, Inc. Reports Third Quarter 2009 Results.
- Article from:
- PR Newswire
- Article date:
- November 2, 2009
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CRANBURY, N.J., Nov. 2 /PRNewswire-FirstCall/ -- Innophos Holdings, Inc. , a leading specialty phosphates producer in North America, today announced its financial results for the third quarter 2009.
Third Quarter Results
-- Net sales for the third quarter 2009 were $161.9 million, a decrease
of $129.9 million, or 44.5%, as compared to $291.8 million for the
same period in 2008. Selling price decreases, primarily in Mexico,
had a negative effect on revenue of $72.0 million, with volume and mix
effects being a negative $57.9 million. On a sequential basis, net
sales declined by $4.8 million or 2.9% versus second quarter ...