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Albemarle Corporation
Albemarle Reports Third Quarter 2008 Results
November 14th, 2008
Net sales of $660.5 million, up 13% year over year and 6% sequentially -- Earnings per share of $0.61, comparable to prior year despite an approximate $11 million pretax ($0.07 per share) impact from two hurricanes and year over year increases in raw materials exceeding $50 million -- Record quarterly Fine Chemicals net sales of $167.2 million, up 24% year over year and 10% sequentially resulting in segment income of $24.7 million, up 21% year over year -- Record quarterly Polymer Additives net sales of $261.7 million, up 12% year over year supported by strong brominated flame retardant volumes Third Quarter...
Source: Health Business Week (2008-11-14)
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