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Financial News

March 12, 2009
Valspar’s 1Q sales drop 16% First-quarter sales at Valspar dropped 16.4% from the same period last year to $639.5 million. Net income for the first quarter of 2009 dropped to $14.2 million from $24 million the year before. Excluding non-cash ad…  Read More »
January 12, 2009
DuPont recently announced further actions to address current market challenges and strengthen the company’s competitiveness in 2009, including continued focus on maximizing cash flow, and provided earnings guidance for the fourth quarter 2008 a…  Read More »
January 12, 2009
RPM’s CEO Expects Results Will Be Below Prior Year In a presentation at the 19th Annual Citi Chemicals Conference, RPM Inter­­­­­national’s chairman and CEO, Frank Sullivan, discontinued the company’s current gui…  Read More »
January 12, 2009
Freeworld Coatings Releases Year End Results According to Freeworld Coatings’ annual report with year ending September 2008, the company’s revenue was up 15% to approximately $266 million, while operating profit was up ten percent to a…  Read More »
December 4, 2008
AkzoNobel released its results for the third quarter 2008. The decorative paints business unit reported four percent growth and one percent growth from the acquisition of Barloworld in South Africa. Asia and Latin America continued to demonstrate str…  Read More »
December 4, 2008
Solid earnings for asian paints in 2Q Asian Paints has released results for the quarter ended September 30, 2008. For the quarter, net profit of the group has increased by 15.5% to Rs. 131.5 crores (~$26 million) from Rs. 113.9 crores (~$22 milion…  Read More »
December 4, 2008
DuPont reports solid third quarter Results DuPont has reported its third quarter results. For the companies Coatings & Color Technologies platform, sales of $1.8 billion were up seven percent over the same period last year. According to the co…  Read More »
December 4, 2008
PPG growth continues in 3Q PPG reported record sales for the third quarter of $4.2 billion, surpassing the prior year’s third quarter results by 37%. Third quarter reported net income was $117 million. Performance Coatings segment sales in th…  Read More »
September 12, 2008
PPG’s Performance Coatings segment sales in the second quarter 2008 increased $295 million, or 30%, versus the prior year's quarter, primarily as a result of the acquisitions of Sigma­Kalon's protective and marine coatings business…  Read More »
September 12, 2008
Valspar has reported its results for the third-quarter ended July 25, 2008. Third-quarter sales totaled $957.7 million, a 7.2% increase from the third quarter of 2007. Net income for the third quarter was $47 million. In 2007, third-quarter net incom…  Read More »
September 12, 2008
Tikkurila’s revenue in the second quarter rose by nine percent to €205.7 million ($188.7). Sales development was high in most markets both in decorative paints and industrial coatings. The slowdown in new construction and the decrease in s…  Read More »
September 12, 2008
DuPont has announced its quarterly financial results. The Coatings & Color Technologies business unit reported a ten percent sales in­crease to $1.9 billion. Higher selling prices in all businesses and volume growth in emerging markets more t…  Read More »
September 12, 2008
Sherwin-Williams has announced its financial results for the second quarter and first six months ended June 30, 2008. Compared to the same periods in 2007, consolidated net sales increased $31.4 million, or 1.4%, to $2.230 billion in the quarter and…  Read More »
August 11, 2008
PPG’s Performance Coatings segment sales in the second quarter 2008 increased $295 million, or 30%, versus the prior year's quarter, primarily as a result of the acquisitions of Sigma­Kalon's protective and marine coatings business and of B…  Read More »
August 11, 2008
Valspar reports 3q results Valspar has reported its results for the third-quarter ended July 25, 2008. Third-quarter sales totaled $957.7 million, a 7.2% increase from the third quarter of 2007. Net income for the third quarter was $47 million. In 2…  Read More »




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