Financial News


  • Financial News | Price Increases

    ACQUISITION AND EXPANSION

    ● Sico, Inc., Canada’s leading paint company, recorded a strong year in 2001, thanks to key acquisitions in the architectural and industrial sectors. For the fiscal year ended December 28, 2001, Sico, Inc. sales rose 8.9% to reach $22…
    08.09.05

  • Financial News

    Henkel Reports

    Henkel Reports Adhesives Sales for 2001 ● In fiscal 2001, the Henkel Group recorded sales of €13.1 billion (approximately $11.6 billion), a drop of 2.2% compared to the previous year. Sales of its new business sector—consumer an…
    08.09.05

  • Financial News | Price Increases

    H.B. FULLER RELEASES SALES,

    H.B. Fuller Company has reported its fourth quarter and year-end results and announced a major restructuring program that will reduce its global capacity by as much as 20%, according to chairman, president and CEO Al Stroucken. The company&rsquo…
    08.09.05

  • Financial News

    RPM Reports FY 2002

    As the company anticipated, net sales declined two percent to $487.9 million in the fiscal 2001 second quarter. RPM attributed the drop primarily to business disruptions related to the Sept. 11 attacks and continued weakness in the overall econom…
    08.09.05

  • Financial News

    Kolorfusion International

    Kolorfusion International, Inc.’s revenues rose “substantially” for the first two quarters of fiscal 2002 and rose 250% in comparison to the same period of the prior fiscal year, the company announced. Revenues for the six mon…
    08.09.05

  • Financial News

    BASF Coatings Reports 2001 Sales

    BASF’s coatings sales rose three percent to E2.3 billion in 2001. Approximately 45% of sales came from Europe, 30% from North America, 20% came from South America and five percent came from the Asia-Pacific region, according to Klaus Peter L&ou…
    08.09.05

  • Financial News

    Sico Posts 3.4% Gain in

    l For the third quarter ended Sept. 28, Sico, Inc. posted net earnings of $3.19 million, up 3.4% over net earnings achieved during the same period in 2000. Sales also rose 3.4% to $56.6 million, due mainly to the contribution generated by business ac…
    08.09.05

  • Financial News

    H.B. FULLER ISSUES

     H.B. Fuller Company approved a two-for-one split of its common stock to be issued on November 16, 2001 to shareholders of record on October 26, 2001. As a result of the stock split, shareholders of common stock will receive an additional share…
    08.09.05

  • Financial News

    Valspar Revamps 4Q Earnings Estimates

    Valspar Revamps 4Q Earnings Estimates  Valspar Corp. expects fully diluted earnings for the fourth quarter ending Oct. 26 to be in the range of 46-50 cents per share excluding the restructuring charges previously announced. Fully diluted earning…
    08.09.05

  • Financial News | Pigments

    NL Industries TiO2 Sales Drop in Third Quarter

     NL Industries, Inc. has reported that the operating income of its Kronos’ titanium dioxide pigments business in the third quarter dropped 37% to $36.2 million compared to $57.5 million in the third quarter of 2000. The decrease in operatin…
    08.09.05

  • Financial News

    S-W Releases Third Quarter, Nine-Month Sales

     The Sherwin-Williams Company’s third quarter consolidated net sales dropped 3.2% to $1.37 billion and 3.2% to $3.93 billion for the nine months ended Sept. 30. The most significant factors impacting sales came from the continuing poor dome…
    08.09.05

  • Financial News

    Valspars Restructuring To Shutter More Plants

    Valspar Corporation has implemented a restructuring program and other initiatives to “eliminate redundant facilities resulting from the Lilly acquisition and to accelerate performance improvement,” according to a company-released statemen…
    08.09.05

  • Financial News

    Weakened U.S. Economy Takes its Toll on Industry

    l Sherwin-Williams has reported that its consolidated net sales dropped 1.5% in the second quarter of 2001 to $1.41 billion. For the first six months of the year, consolidated net sales dropped 3.2% to $2.57 billion. According to the company, the l…
    08.09.05

  • Adhesives and Sealants | Financial News | Powder Coatings

    Rohm and Haas

    l Rohm and Haas’ performance polymers segment reported sales of $839 million for the quarter ended June 30. In the same quarter one year ago, the unit’s sales were $909 million. For the six months, sales were $1.63 billion compared to $1.…
    08.09.05

  • Financial News

    Ferro's

    l Ferro’s second quarter coatings sales were $205.5 million compared to $225.9 million reported in the second quarter of 2000. The coatings segment reported net income of $17.7 million, down from the $25 million reported the previous year&rsquo…
    08.09.05

  • Financial News

    Urecoats Industries, Inc.

    Urecoats Industries, Inc. has reported first quarter sales of $245,466 for the three-month period ended March 31. The company said no revenues were generated in the corresponding period in 2000. “With the launch of our local roofing and water…
    08.09.05

  • Financial News

    Sisco's Inc.

    Sico Inc.’s acquisition of Chemcraft’s industrial metal coatings operations in December 2000 helped its sales rise 7.5% to $31.9 million for the three-month period ended March 30. The industrial products division’s revenues increase…
    08.09.05

  • Financial News

    Pierre Brodeur

    We are now deriving more than 20% of our sales from the industrial market, which reduces the impact of seasonal slowdown that the architectural paint industry usually experiences in the first quarter,” said Pierre Brodeur, president and chief e…
    08.09.05

  • Financial News

    SIco's

    Sico’s architectural paint revenues increased five percent due to the larger proportion of national brand products in the sales mix, combined with solid productivity from the manufacturing and distribution operations. The company also reported…
    08.09.05

  • Financial News

    Brodeur

    Mr. Brodeur said he expects the industrial products division to make a growing contribution to Sico’s sales and profits. “Although our recent acquisition has made a valuable contribution to first quarter results, we have not yet fully dev…
    08.09.05