10.02.2010 • NewsCelaneseportfolioprofits

Celanese Profit Beats Street; Revenue Up 8%

Celanese posted a better-than-expected fourth-quarter profit as demand for its chemical products increased, pushing revenue higher. The company reported net income of $5 million, or 2 cents per share, compared with a year-earlier loss of $155 million, or $1.09 per share.

Excluding one-time items, including restructuring charges, Celanese posted profit of 50 cents per share. Analysts expected earnings of 47 cents per share, according to Thomson Reuters I/B/E/S. Revenue rose 8 percent to $1.39 billion. Analysts expected $1.25 billion.

Company

Celanese

Brüningstr.
Frankfurt
Germany

Company contact







Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.