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Article: OM Group Reports Third-Quarter Results for 2009.
- Article from:
- PR Newswire
- Article date:
- November 5, 2009
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CLEVELAND, Nov. 5 /PRNewswire-FirstCall/ --
-- Net sales down 48 percent year-over-year; up 16 percent sequentially
-- Income from continuing operations attributable to OM Group, Inc. was
$0.32 per diluted share; $0.58 per diluted share after adjustments for
special items
-- Net cash provided by operating activities was $36.9 million; cash
balance climbs to $300.5 million at the end of the quarter
-- Company incurs charge of $11.9 million to restructure Advanced
Organics business
OM Group, Inc. , a diversified global developer, producer and marketer of value-added specialty chemicals and advanced materials, ...