Date announced
|
Company
|
Type *(see ERJ report)
|
Sales (c/f prior yr period) |
Earnings (c/f prior yr period). Operating profit unless stated.
|
Notes |
16/1/04
|
Sika AG (adhesive, sealant products )
|
FY 03 (to 31 Dec)
|
SwissFr2270m (up 6.9%)
|
N/a
|
Sales advance in eastern and southern Europe, Switzerlandand Latin America.
|
4/12/03
|
Avon Rubber plc
|
FY 03 (to 30 Sept)*
|
£248.5m (down 0.8%)
|
£11.2m (up 0.9%)
|
Tech. product gains offset losses in Europe automotive sector
|
20/11/03
|
Goodyear Tire & Rubber Co.
|
Q3 03 (to 30 Sept)* Subject to restatement.
|
$3900m (up 10.9%)
|
$105.9m loss ($32.7m profit)
|
N Am. tyre lost $31.8m, rationalis'n costs $46.3m, raw mats. up $96m.
|
13/11/03
|
Yokohama Rubber Co. tyre division
|
H1 04 (to 30 Sept)
|
Yen127 100m (down 0.8%)
|
Yen2000m (down 27.5%)
|
Japan replacmt. mkt. down sharply. OE salesflat. Exports advance.
|
12/11/03
|
Toyo tyre division
|
H1 04 (to 30 Sept)
|
Yen74 946m (up 0.6%)
|
Yen6258m (up 275%)
|
N/a
|
11/11/03
|
Pirelli Tyre division
|
Q3 03 (to 30 Sept)
|
Euro741m (up 11%)
|
Euro47m (up 21%)
|
Good performance and winter tyre business. Vols. up, better sales mix.
|
6/11/03
|
Degussa Coatings & Advanced Fillers (incl. carbon black, silicas)
|
Q3 03 (to 30 Sept)
|
Euro518m (down 1%)
|
Euro57m (down28%)
|
Earnings hit by currency moves, some raw material cost rises.
|
30/10/03
|
JSR Corp.
|
H1 04 (to 30 Sept)
|
Yen132 532m (up 12.4%)
|
Yen15 080m (up 55.3%)
|
Elastomers, emulsions 50% of salesapprox
|
29/10/03
|
Columbian Chemicals Co. (Phelps Dodge Corp.'s carbon black business)
|
Q3 03 (to 30 Sept)
|
$152.0m (up 10%)
|
$8.4m (down31%)
|
Sales up on better prices Europe, Brazil. Earnings hit by lower vols Europe ($2m), turnarounds, utility costs.
|
29/10/03
|
Continental AG tyre business
|
Q3 03 (to 30 Sept)
|
Euro1310m (up1.7%)
|
Euro144m (up 45%)
|
Strong car tyre business, esp in Europe, winter tyres.
|
29/10/03
|
ContiTech
|
Q3 03 (to 30 Sept)
|
Euro438m (up1.8%)
|
Euro32m (down 3%)
|
N/a
|
29/10/03
|
PolyOne Elastomers Performance Addtvs
|
Q3 03 (to 30 Sept)
|
$84.6m (down 11%)
|
$0.1m (down 98%)
|
Decline in automotive demand. |
27/10/03
|
DSM Elastomers
|
Q3 03 (to 30 Sept)
|
N/a
|
"Clearly negative"
|
Slow take up from new 80-ktpa EPDM plant. Margins well down.
|
22/10/03
|
Groupe Michelin
|
Q3 03
|
Euro3801m (down 1.7%)
|
N/A
|
Currency moves (-6.2%) offset better vols (2.6%), price/mix (2.1%). Car tyre sales up in Europe, but not US.
|
22/10/03
|
Cabot Chemical Business (mostly carbon black)
|
Fiscal 03 (to 30 Sept)
|
$1371m (up 12.7%)
|
$88m (down 13%)
|
Higher raw mat. costs, weak pricing, low capacity utilis'n.
|
22/10/03
|
Crompton Polymer additives segment
|
Q3 03 (to 30 Sept)
|
$311.2m (up 9%)
|
$4.9m (down 81%)
|
Costs up, pricing down, incl 13% dip in rubber addtv sales on lower vols and pricing.
|
22/10/03
|
Crompton Polymers segment
|
Q3 03 (to 30 Sept)
|
$74.7m (up 11%)
|
$6.4m (down 40%)
|
Earnings hit by lower EPDM prices, higher raw mat./energy costs
|
16/10/03
|
Cooper Tire & Rubber Co.—Tire Group
|
Q3 03 (to 30 Sept)
|
$526m (up 13%)
|
$34m (up 26%)
|
Higher sales, prod'n vols and better product mix offset raw mats., labour, rebate, freight cost
rises.
|
16/10/03
|
Cooper Tire & Rubber Co. —Auto parts group
|
Q3 03 (to 30 Sept)
|
$392m (up 3%)
|
$16m (down 45%)
|
Lower prod'n vols., pricingconcessions, and higher scrap rates in sealing ops.
|
6/10/03
|
GDX Automotive
|
Q3 03 (to 30 Sept)
|
$174m (down 8%)
|
$14m loss ($5m profit)
|
Sales fall, lower pricing and higher launch costs on new platforms. Taking steps to restore profits
in Q4.
|
9/9/03
|
Yule Catto plc Polymer Chemicals Division
|
H1 03 (to 30 June)*
|
£148.1m (up 11.9%)
|
£14.5m (down 31.6%)
|
Margins under pressure from raw materials costs, weak global mkts. Raw mats. prices now softening.
|
8/8/03 |
Nokian Tyres plc |
H1 03 (to 30 June)* |
$234.3 million (up 9.1%) |
$18.6 million (nearly double) |
Strong demand in Scandinavia, E. Europe, Russia. Concerned by weak $, raw material costs.
|
8/8/03 |
Bridgestone Corp. |
H1 03 (to 30 June)* |
$9284m (up 1.7%) Tyres $7381m (up 2%)
|
$550m (up 18.3%) Tyres $458m (down 3%)
|
Tyre profit down on higher raw mats, pension costs. Sales up on new products, marketing.
|
6/8/03 |
Bayer Polymers AG (Rubber sales circa 20%)
|
Q2 03 (to 30 June)* |
Euro2500m (down 8%) |
EBIT Euro69m (up 460%) |
Weak economy in second quarter. Little scope for price increases in rest of year."
|
4/8/03 |
JSR Corp. Elastomers division
|
Q1 04 (to 30 June) |
Yen20 850m (n/a) |
Yen1410m (n/a) |
Gen, purpose rubber sales (eg SBR, BR) up on stronger tyre sector demand, both in Japan and overseas.
|
31/7/03 |
Pirelli SpA Tyre Division
|
H1 03 (to 30 June)* |
Euro1509m (up 1.4%) |
Euro127m (up 14.1%) |
Sales up 14.4 % excl currency effect (vols 8%, price/mix 6.4%). Higher vols, efficiencies offset unit cost
rise, currency. More growth forecast.
|
31/7/03 |
Crompton Polymers |
Q2 03 (to 30 June) |
$70.3m (down 3%) |
$4.9m (down 61%) |
Earnings hit by EPDM overcapacity, raw material costs and lower PU vols. EPDM sales down 2%.
|
31/7/03 |
Crompton Polymer Additives |
Q2 03 (to 30 June) |
$294.6m (up 2%) |
$6.9m (down 72%) |
Profit hit by raw material cost rises, lower prices. Rubber addtv sales down 15%.
|
31/7/03 |
Continental AG |
H1 03 (to 30 June)* |
$6270m (down 1%) |
$443m (up 14.9%) |
Car tyre earnings up 33% despite US losses.
FY earnings forecast at $775m.
|
30/7/03 |
GDX Automotive, pt of GenCorp |
Q2 03 (to 30 June)* |
$214m (up 2%) |
$16m (up 14%) |
Efficiencies and currency factors offset lower prices and volumes.
|
30/7/03 |
Federal-Mogul Corp. |
Q2 03 (to 30 June)* |
$1450m (up 3.6%) |
Net loss of $5m (Net income of $16m).
Op income $48m (-20%)
|
N/a |
30/7/03 |
Goodyear |
H1 03 (to 30 June)* |
$7300m (up 7.6%) Tyres circa $6460m
|
Net loss of $236.9m (Net loss of $34.3m) |
Currency factors add $308m to sales butlittle effect on earnings. Raw material costs up by $186m.
|
30/7/03 |
Goodyear |
Q2 03 (to 30 June)* |
$3800m (up 8%) Tyres circa $3340m
|
Net loss of $73.6m (Net income of $28.9m) |
Raw material costs up $124m. Currency factors add $169m to sales.
|
30/7/03 |
Elementis plc's Specialty Rubber div. (Linatex) Materials handling equipmt.
|
H1 03 (to 30 June)* |
£21.2m (up 8%) |
Breakeven (up from loss of £0.9m) |
Strong sales growth. Earnings gains also linked to restructuring initiatives
|
29/7/03 |
Groupe Michelin |
H1 03 (to 30 June)* |
Net sales Euro7348.2m (down 6.1%,but up 4.4% excl currency effects).
|
Euro578.3m (up1.5%). Net income incl. restructure Euro165.5m (down 34.9%)
|
Op. margins 7.9% (7.3%) Mkts stable. Raw mats costs up sharply. Outlook
stable at best.
|
28/7/03 |
Bekaert SA Steelcord division (suppliesreinforcement for tyres, hose, conveyor belts and transmission
belts)
|
H1 03 (to 30 June) |
Euro308m (+0.8%) |
No data given |
Margins helped by "high activity level in steelcord, particularly. in China"
|
25/7/03 |
DSM Elastomers |
Q2 03 (to 30 June) |
Sales down No data given
|
Negative result. No data given |
Pressure on volumes and prices and a margin squeeze. To close EPDM plant in Addis, US by mid-2004
|
24/7/03 |
Cabot Chemical Businesses Segment |
Q3/’03 (to 30 June)* |
$366m (up15%) |
$30m (up11%) |
Some gains currency-related. Carbon black vols down. Concern over rising costs and pressure on margins
for carbon black business.
|
24/7/03 |
Noveon Inc.'s Specialty Materials business |
Q2/03 (to 30 June) * |
$110.8m (up 5%) |
$28.7m (down 7%) |
Higher raw material and utility costs offset rise in TPU volumes.
|
16/7/03 |
Rogers Corp. |
Q2/2003 |
$49.2m (down14%) |
$2.8m (up14%)
|
Sales of High Perf. Foams div. $17.1m
(down 4%) Double-digit growth at Rogers
Inoac JV due to sales of PU foam seals, shock absorb pts in mobile
phones.
|