News and Events
Each release set forth below speaks only as of the date shown on such release. These releases are provided for historical purposes only. The posting of a release is not republication as of the date hereof and the information contained in a release may no longer be current. Arch Chemicals, Inc. disclaims any obligation to update the information in any release or on this website. Please review the legal notice referred to below.
Arch Chemicals Reports Second Quarter 2010 Earnings and Increases Full-Year 2010 Earnings GuidanceNORWALK, Conn., August 4, 2010 – Earnings per share from continuing operations were $1.73 for the second quarter of 2010, compared to $1.23 for the prior year quarter. Biocides Products sales increased 16 percent and operating income increased by 49 percent from the prior year quarter. Third quarter earnings per share from continuing operations are expected to be in the $0.30 to $0.40 range. The Company increases its full-year 2010 earnings guidance to $2.25 to $2.40 per share.
Arch Chemicals Reports 1st Quarter 2010 Earnings; Provides 2nd Quarter and Full Year Earnings GuidanceNORWALK, Conn., May 6, 2010–Earnings per share from continuing operations were $0.27 for the first quarter of 2010, compared to $0.19 for the prior year quarter; both periods exclude the results of the industrial coatings business. The Company completed the divestiture of the industrial coatings business. Sales increased 14 percent from the prior year quarter. Second quarter earnings per share from continuing operations are expected to be in the $1.50 to $1.65 range. The Company anticipates its full-year 2010 earnings will be towards the high end of its previous guidance.
Arch Chemicals Completes Industrial Coatings Divestiture to Sherwin-WilliamsNORWALK, Conn., March 31, 2010 – Arch Chemicals, Inc. (NYSE: ARJ) reported completion of the previously announced divestiture of its Industrial Coatings business to The Sherwin-Williams Company (NYSE: SHW) for approximately €40 million ($54 million) in cash. The purchase price is subject to a post-closing working capital adjustment.
