Financial News
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Financial News | Powder Coatings
Third Quarter Results
Kemira: Third quarter paint and coatings sales dropped five percent to E122 million. For the nine-month period, sales were down three percent at E355 million. Third quarter operating income was E15 million, and for the nine-month period it was E36 mi…08.10.05
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Financial News | Marine Coatings | Powder Coatings
Jotun Reports Decline
Jotun generated sales of approximately $519.5 million in the second quarter compared to approximately $527 million for the same period in 2002. The company said it was affected by “stagnation in the global markets,” and results in all th…08.10.05
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Financial News | Powder Coatings
Akzo Nobel Reports Third Coatings Quarter Sales
Akzo Nobel’s third quarter coatings unit continued solid perfor- mance, according to company officials, with sales growth of two percent. However, including currencies and divestments, sales actually fell five percent. “In difficult ma…08.10.05
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Financial News
RPM’s First Quarter Sales Rise Nine Percent
l RPM International Inc. reported record sales for its first quarter ended August 31 of $590.1 million, up nine percent from last year’s first quarter net sales. Industrial sales increased more than eight percent and its consumer segment sales…08.10.05
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Financial News | Marine Coatings
AMERON REPORTS THIRD
Ameron International recorded group sales of $155.2 million for the three months and sales of $433.6 million the first nine months of its fiscal year, with positive performance reported by its performance coatings and finishes unit. Sales of the…08.10.05
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Financial News
H.B. Fuller Reports Third Quarter, Nine-Months
For the third quarter ended August 30, H.B. Fuller’s net revenue was $322.1 million, a 2.6% increase from the third quarter of 2002. Reduced volume and pricing accounted for decreases of 0.5% and one percent respectively, while positive cur…08.10.05
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Financial News
Masco Records Strong
Masco has reported that its decorative architectural products group sales, which includes its paint and coatings units, rose seven percent in the second quarter of 2003. Masco, which does not break out sales, said that there were “particu…08.10.05
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Financial News
RPM’s FY 2003 Sales Rise,
RPM International’s sales for the fiscal year ended May 31 rose five percent to $2.083 billion. Excluding the asbestos charge, fiscal 2003 net income rose 21% to $122.8 million. The charge to accrue for estimated asbestos related liabilit…08.10.05
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Financial News
Sherwin-Williams Reports Second Quarter Sales
The Sherwin-Williams Company announced its financial results for the second quarter and first six months ended June 30. Consolidated net sales increased 1.3% in the quarter to $1.47 billion from $1.45 billion during the same quarter last year and 0.7…08.10.05
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Financial News
PPG Reports On Second Quarter
PPG industries reported second quarter net income of $152 million which included after-tax charges of $7 million, to reflect the net increase in the current value of the company’s obligation under its previously reported asbestos settlement agr…08.10.05
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Adhesives and Sealants | Financial News | Powder Coatings
Rohm and Haas Reports
Rohm and Haas reported second quarter sales of $1.5 billion, an eight percent increase over the same period in 2002, with favorable currencies representing six percent, acquisitions three percent and higher selling prices representing two percent. Lo…08.10.05
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Financial News
Sico Reports on First Half of 2003
l Sico announced net earnings of $8.8 million for the six-month period ended June 27, up 12.3% over $7.9 million for the same period last year. Sales increased 3.5% to $145.4 million. During the second quarter, the company’s sales rose 4.…08.10.05
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Financial News
H.B. Fuller Reports Improved Second Quarter
H.B. Fuller Co. has reported net revenue and net income for the second quarter ended May 31. Second quarter net income was $9.8 million. Last year’s second quarter net income was $7.9 million. Second quarter net income, excluding charges relate…08.10.05
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Financial News
Ameron Reports
Ameron International Corp.’s performance coatings and finishes group had improved sales and profits in the second quarter of 2003 compared to the same period in 2002. Sales from operations outside the U.S. improved primarily due to stronger for…08.10.05
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Financial News
Dyrup Group Reports on First Quarter
l In the first quarter 2003 the Dyrup Group delivered revenue of approximately $57.4 million, in line with the same period a year ago. Sales were achieved in a generally declining and fiercely competitive market, the company said. In Germany an…08.10.05
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Financial News
RPM Reports Growth
l RPM International Inc. reported continued growth in sales and net income for both the third quarter and first nine months of fiscal 2003, ended February 28, compared with the same periods last year. The manufacturer reported net sales in its fisc…08.10.05
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Financial News | Powder Coatings
Rohm and Haas Reports Increase
Rohm and Haas Company reported first quarter sales of $1.6 billion, a 17% increase over the same period in 2002, reflecting solid demand in key markets and favorable impact of currencies and acquisitions. Sales in the coatings business increased 18%…08.10.05
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Financial News
Sico Announces First Quarter Net Earnings Up
Sico Inc. achieved sales of $59.4 million for the three-month period ended March 28, 2003, up 1.6% over $58.4 million for the same quarter of the previous year. Excluding the sales of the Hancock store chain from the 2002 results, sales growth was 5.…08.10.05
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Financial News | Industrial Coatings
Valspar Reports Second
The Valspar Corp. reported income for the second quarter ended April 25 of $32.1 million versus net income of $34.5 million for the comparable period last year. Sales for the quarter increased 1.4% to $561.7 million compared to $554 million in the sa…08.10.05
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Financial News
RPM Reports Growth
RPM International Inc. reported continued growth in sales and net income for both the third quarter and first nine months of fiscal 2003, ended February 28, compared with the same periods last year. The manufacturer reported net sales in its fiscal…08.10.05
