Date announced
|
Company
|
Type *(see ERJ report)
|
Sales (c/f prior yr period) |
Earnings (c/f prior yr period). Operating profit unless stated.
|
Notes |
4/2/04
|
PolyOne Elastomers &Performance Addtvs.
|
FY 03 (to 31 Dec)
|
$347.9m (down 4.4%)
|
$13.9m (down 44%)
Margin 4%
|
N/a
|
2/2/04
|
Crompton Polymer additives segment
|
FY 03 (to 31 Dec)
|
$1232m (up 9.8%)
|
$24.4m (down 69%)
Margin 2%
|
Rubber additives sales fell 3% in Q4 on lower selling prices. Urethane additive sales down 1% in Q4.
|
2/2/04
|
Crompton Polymer segment
|
FY 03 (to 31 Dec)
|
$286m (up 5.2%)
|
$28.0m (down 32%)
Margin 9.8%
|
Urethanes sales up 8% in Q4 on currency, higher unit vols and selling prices. Q4 EPDM sales up 20%, but selling prices
down.
|
29/1/04
|
Columbian Chemicals* Co. (Phelps Dodge Corp.'s carbon black business)
|
FY 03 (to 31 Dec)
|
$644.2m (up 17.4%)
|
$51.1m (up 8.7) Margin 7.9%
|
Sales up in N. America, better margins Europe and S America on currency, stronger pricing in Europe. Utility, deprec'n
costs rise.
|
28/1/04
|
GenCorp's GDX Automotive unit
|
FY 03 (to 31 Dec)
|
$786m (down 3%)
|
$8m (down 65%) Margin 1%
|
Earnings hit by pricing concessions, higher raw mats., labour costs
|
22/1/04
|
Cabot Corp. Chemical Business (mainly carbon black)
|
Q1 04 (to 31 Dec 2003)
|
$351m (up 14%)
|
$27m (up 12.5%) Margin 7.7%
|
Better product mix, lower fixed costs and currency factor gains
|
16/1/04
|
Sika AG (adhesive, sealant products )
|
FY 03 (to 31 Dec)
|
SwissFr2270m (up 6.9%)
|
N/a
|
Sales advance in eastern and southernEurope, Switzerland and Latin America.
|
4/12/03
|
Avon Rubber plc
|
FY 03 (to 30 Sept)*
|
£248.5m (down 0.8%)
|
£11.2m (up 0.9%) Margin 4.5%
|
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) Margin -2.7%
|
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%) Margin 1.6%
|
Japan replacmt. mkt. down sharply. OE sales flat. Exports advance.
|
12/11/03
|
Toyo tyre division
|
H1 04 (to 30 Sept)
|
Yen74 946m (up 0.6%)
|
Yen6258m (up 275%) Margin 8.4%
|
N/a
|
11/11/03
|
Pirelli Tyre division
|
Q3 03 (to 30 Sept)
|
Euro741m (up 11%)
|
Euro47m (up 21%) Margin 6.3%
|
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%) Margin 11%
|
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%) Margin 11.4%
|
Elastomers, emulsions 50% of sales approx
|
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%) Margin 5.5%
|
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%) Margin 11%
|
Strong car tyre business, esp in Europe, winter tyres.
|
29/10/03
|
ContiTech
|
Q3 03 (to 30 Sept)
|
Euro438m (up1.8%)
|
Euro32m (down 3%) Margin 7.3%
|
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 bettervols (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 Polymerssegment
|
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., pricing concessions, and higher scrap rates in sealing ops.
|
6/10/03
|
GDX Automotive
|
Q3 03 (to 30 Sept)
|
$174m (down 8%)
|
$14m loss ($5mprofit)
|
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 fromraw 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 PolymersAG
(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%.
|