27.07.2011 • News • Q2 2011 • sales and profits • Dow

Dow Chemical Sees Positive Q2; Sales Up 18%

Dow reported that its second-quarter net income available to the common shareholders rose to $982 million or $0.84 per share, from $566 million or $0.50 per share in the same quarter last year.

Excluding certain item, net income increased to $989 million or $0.85 per share, from $614 million or $0.54 per share last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose to $16.05 billion from $13.62 billion in the prior year quarter.

Ten analysts had consensus revenue estimate of $14.74 billion for the quarter. Sales increased 18%, driven by price gains of 17% compared with the same period last year.

 

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.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.

Top-Feature