Article: Arch Chemicals Reports 2Q Earnings


Wireless News
08-05-2009
Arch Chemicals Reports 2Q Earnings
Type: News

Arch Chemicals announced sales for the second quarter of 2009 of $414.2 million, compared to $469.6 million for the second quarter of 2008.

In a release dated July 30, the company stated:
- Higher pricing and the favorable impact of the Advantis acquisition were more than offset by lower volumes and unfavorable foreign exchange. Earnings per share for 2009 were $1.23 per share on $30.9 million of income, compared to $1.33 per share on $33.2 million of income in 2008. 2009 results include an income tax benefit of $1.3 million, or $0.05 per share. Segment operating income was $50.1 million in 2009 compared to $55.7 ...

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