Axiall net income up 78%

摘要

Axiall reported fourth-quarter net income of $57 million, up 78% year- over-year (YOY). Net sales of $1.1 billion for the quarter were up 44% YOY. The company attributes the gains primarily to the merger with PPG’s chemical’s business. Adjusted earnings of 88 cts/share beat the analysts’ consensus estimate of 67 cts/share.