Dow Corning earnings ahead at H1

By Patrick Raleigh, ERJ On-line news editor

Midland, Michigan-Dow Corning Corp. has posted a 47-percent rise in adjusted net income to $79.8 million for the second quarter on sales of $851.9 million, 20 percent higher than in the same period last year. First half earning were also up 47 percent, at $132.0 million, while sales rose 22 percent to around $1670 million

The earnings figures exclude restructuring costs and a cumulative adjustment to Chapter 11 interest expense. Including these items, Dow Corning reported second quarter net earnings…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with