Albemarle (ALB) Sees Sales $5B, EPS Over $9 by 2015

May 22, 2012 7:10 AM EDT
Albemarle Corporation (NYSE: ALB), will present an update to its Vision 2015 strategic framework at its investor conference today at 8:00 a.m. Eastern time in New York City. The event will be hosted by Luke Kissam, Chief Executive Officer, and will be webcast live at www.albemarle.com.

Albemarle's Vision 2015 plan outlines the company's strategy to grow revenue to $5+ billion, with earnings potential in excess of $9 per share by 2015. The leadership team will present updates on the major investments, business adjacencies and other opportunities that will allow the company to drive double-digit revenue and earnings growth and meet targeted profitability goals.

"Vision 2015, our five-year plan to double the size of our business, is predicated upon our ability to leverage our core strengths to drive organic growth and expand into adjacent markets," said Luke Kissam, Chief Executive Officer. "Our businesses are well positioned to provide innovative solutions to the challenges and opportunities presented by a multitude of long-range trends impacting the globe, including population growth, technology, consumerism and resource management. Our strategic positioning, operational discipline and financial strength give us confidence that Albemarle is poised to achieve our objectives."


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