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Article: Arch Chemicals Reports Third Quarter 2009 Earnings and Narrows Its Full-Year 2009 Earnings Guidance.
- Article from:
- Business Wire
- Article date:
- November 4, 2009
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Highlights:
* Third quarter earnings per share were $0.41.
* Fourth quarter results per share are expected to be in the range of breakeven to a loss of $(0.15).
* The Company narrows its full-year 2009 earnings guidance to $1.65 to $1.80 per share from $1.60 to $1.80 per share.
* The Company issued $75 million of Senior Notes and entered into a new Accounts Receivable Securitization program.
NORWALK, Conn. -- ARCH CHEMICALS, INC. (NYSE: ARJ) announced sales for the third quarter of 2009 of $350.5 million, compared to $367.9 million for the third quarter of 2008. Higher pricing and the benefit from the Advantis acquisition were ...