ICI's pretax profit beats expectations

Article Abstract:

Imperial Chemical Industries PLC (ICI) posted higher-than-expected earnings for the first-quarter of 1999. The company also promised to reduce its debt to 2.5 billion pound sterling ($4 billion) by July 2000. ICI, a paints and chemical group based in the UK, posted a 44% decline in its pretax profits for the quarter to 49 million pound sterling. Analysts had predicted 34.6 million pound sterling for the company.

Comment:

Posts higher-than-expected earnings for first-quarter of 1999

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Chemical companies in Europe unveil mixed profit news

Article Abstract:

The article discusses the earnings at three of Europe's chemical companies, Imperial Chemical Industries PLC, DSM NV, and Rhodia S.A. The results at all three are mixed.

France, Basic Chemical Manufacturing, Specialty Chemicals, Specialty chemicals industry, Rhodia S.A.

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DSM posts results for 2000 in line with expectations

Article Abstract:

DSM NV posted an increase of 50% in its net profits for the 2000 year. The company posted 580 million euros in net profits for the year.

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