Author: 123jump.com Staff
123jump.com
Last Update: 3:25 AM EDT May 03 2008
The diversified chemical company posted Q1 record sales with broad-based price gains, strong volume growth in emerging geographies and record performance from Dow AgroSciences. Q1 sales rose 19% versus the same period last year to $14.8 billion. The net income dipped 3.3% from last year quarter of $973 million to $941 million for the current quarter. In Q2, raw material costs are forecast to be a key challenge and management will focus on price volume management across the whole portfolio.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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