The Dow Chemical Co. this week reported a robust third quarter with increased earnings and sales compared to the same period in 2010. Shares were up 24 cents from the third quarter in 2010, to 69 cents per share for the 3rd quarter of 2011, according to a release from the company. The company also said it had achieved record sales of $15.1 billion, up 17 percent from a year ago, with volume growth being led by its sales in China where the company achieved record sales. "Dow delivered broad-based sales gains and significant earnings growth this quarter, reflecting the strength of our transformed business portfolio," Dow Chairman and Chief Executive Officer Andrew N. Liveris said in a statement. "Our diversified geographic presence was also on display, as our investments in emerging regions enabled us to capitalize on growth where it is happening most rapidly, even as developed regions paused in their economic recovery."
Thursday, October 27, 2011
Dow Chemical posts strong 3rd quarter earnings, record sales in China
via MLive.com
The Dow Chemical Co. this week reported a robust third quarter with increased earnings and sales compared to the same period in 2010. Shares were up 24 cents from the third quarter in 2010, to 69 cents per share for the 3rd quarter of 2011, according to a release from the company. The company also said it had achieved record sales of $15.1 billion, up 17 percent from a year ago, with volume growth being led by its sales in China where the company achieved record sales. "Dow delivered broad-based sales gains and significant earnings growth this quarter, reflecting the strength of our transformed business portfolio," Dow Chairman and Chief Executive Officer Andrew N. Liveris said in a statement. "Our diversified geographic presence was also on display, as our investments in emerging regions enabled us to capitalize on growth where it is happening most rapidly, even as developed regions paused in their economic recovery."
The Dow Chemical Co. this week reported a robust third quarter with increased earnings and sales compared to the same period in 2010. Shares were up 24 cents from the third quarter in 2010, to 69 cents per share for the 3rd quarter of 2011, according to a release from the company. The company also said it had achieved record sales of $15.1 billion, up 17 percent from a year ago, with volume growth being led by its sales in China where the company achieved record sales. "Dow delivered broad-based sales gains and significant earnings growth this quarter, reflecting the strength of our transformed business portfolio," Dow Chairman and Chief Executive Officer Andrew N. Liveris said in a statement. "Our diversified geographic presence was also on display, as our investments in emerging regions enabled us to capitalize on growth where it is happening most rapidly, even as developed regions paused in their economic recovery."
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