Rohm and Haas announce preliminary 1Q06 results
Apr 13, 2006
Rohm and Haas Company announced that it expects to report strong first quarter earnings
performance in the range of $0.90 to $0.93 per share compared to $0.70 last year. Key drivers for this performance include:
Exceptionally strong Electronic Materials sales and earnings, particularly in the advanced technology products supporting the semi-conductor market.
Improved earnings in some of its largest chemical businesses, driven by higher demand, favorable product mix, and tight expense control as well as higher selling prices compared to a year ago.
Lower salt sales and earnings due to the warm winter weather driving slower sales for ice-control salt.
Rohm and Haas Company will release First Quarter 2006 earnings before the New York Stock Exchange opens on Monday, April 24, 2006 and will host a teleconference to review these results at 11:00 AM EDT.