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Hebei Lansheng Biotech Co., Ltd. ShangHai Yuelian Biotech Co., Ltd.

Chemtura AgroSolutions sales up 13% in Q3 of 2011qrcode

Nov. 3, 2011

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Nov. 3, 2011
The recovery in European demand continued to benefit Chemtura AgroSolutions segment. Net sales increased $12 million or 13% primarily to $105 million in the third quarter of 2011, due to increased sales volume. Sales improved in all regions, except Asia Pacific. Operating profit on a managed basis increased $2 million due to higher sales volume and lower SGA&R expense. On a GAAP basis, operating profit increased $5 million as 2010 was impacted by a $3 million unfavorable legal settlement.

The first nine months sales were up 14.2% to $290 million, and operating profit jumped by 108% to $25 million.

Chemtura AgroSolutions sales result ($million)
Q3 ended Sept. 30th
Q3 2011
Q3 2010
% change
Nine months 2011
Nine months 2010
% change
Sales
105
93
+12.9
290
254
+14.2
Operating profit
11
6
+83.3
25
12
+108.3

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