Chemours (CC) Tops Q3 EPS by 14c
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The Chemours Company Reports Third Quarter 2015 Results
November 5, 2015 7:30 AM ESTWILMINGTON, Del., Nov. 5, 2015 /PRNewswire/ --
Third Quarter 2015 Highlights
Net sales of $1.5 billion Adjusted EBITDA of $169 million, a $42 million sequential improvement driven by cost reductions and strong Fluoroproducts performance, partially offset by weak TiO2 environment Adjusted Net Income of $73 million, or $0.40 per diluted share Net loss of $29 million, or a loss of $.16 per diluted share, which included restructuring and impairment costs of $209 million and interest expense of $51 millionOther Highlights
Initiated Five-Point Transformation Plan expected to deliver $500 million Adjusted EBITDA... More