Kemira reports widening fourth-quarter loss as restructuring continues

摘要

Kemira (Helsinki) today reported a fourth-quarter net loss of ?48.7 million ($66.06 million) compared with a net loss of ?40.4 million in the year-earlier period. Revenues were down 2% to ?545.2 million, due to unfavorable currency exchange rates. Full-year net loss stood at ?25.9 million compared with a net proft of ?22.4 million in 2012. Full-year revenue was fat at ?2.23 billion.