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ICI shares jump as company posts profit rise of 17%

Article Abstract:

Imperial Chemicals Industries PLC posted a 10% rise in its share value. The share value increase came after the company posted higher-than-expected pretax profits of 376 million pounds (619 million euros) for the year.

Author: Reid, Michael
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
Securities prices

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ICI reports 17% decline in pretax profit

Article Abstract:

Imperial Chemical Industries PLC (ICI) posted a fall in pretax profits of 17% for 1998 as its specialty-chemicals businesses have not succeeded in offsetting the company's heavy losses in its industrial segments. ICI's pretax profits dropped from 385 million pound sterling to 321 million pound sterling ($524.9 million). The figures were what analysts had predicted.

Comment:

Posts fall in pretax profits of 17% for 1998

Author: Reid, Michael
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
CHEMICALS AND ALLIED PRODUCTS

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Clariant net surpasses expectations

Article Abstract:

Clariant AG posted flat net profits for the first-half of 1999. The company experienced a difficult market environment during the period. Clariant stated that it is expecting to post an improvement in its full 1999 year profits. The company's sales fell 8.6% to 4.58 billion Swiss francs (2.86 billion euros) for the period. Clariant posted 260 million francs in net income. Analysts had expected about 240 million francs.

Comment:

Posts flat net profits for the first-half of 1999

Author: Reid, Michael
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
Switzerland, Clariant AG

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Subjects list: United Kingdom, Finance, Chemicals, Chemical industry, Imperial Chemical Industries PLC, Abstract
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