Airboss, Rhodia, Showa Denko report Q1 results

London - The quarterly results season continues with figures for the first three months of 2007 from Airboss of America Corp; Rhodia and Showa Denko KK.

In a statement, Airboss said, “Sales for the three-month period ended March 31, 2007 decreased 2.4% while net income from continuing operations decreased from $1.8 million to $1.1 million. These decreases were primarily due to the anticipated temporary weakness in demand for rubber track products and rubber compounds servicing the energy generation sector. The long-term outlook for both these…

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