Ashland Global Turns To Profit In Q2
WASHINGTON (dpa-AFX) - Ashland Global Holdings Inc. (ASH) reported that its second-quarter net income was $41 million or $0.66 per share compared to a net loss of $582 million or $9.61 per share in the prior-year quarter which included the impact of a non-cash goodwill impairment charge.
Adjusted income from continuing operations, excluding intangibles amortization expense , was $1.05 per share, down from $1.12 in the prior-year quarter.
Sales were about $598 million, down two percent compared to the prior-year period, reflecting the combined effect of these dynamics.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.29 per share and revenues of $635.66 million. Analysts estimates typically exclude special items.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Outlook on the Excipients in Pharmaceuticals Global Markets to 2026 - Current and Future Industry Potential - ResearchAndMarkets.com
April 29, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 29, 2021
This report on the pharmaceutical excipient market covers an overview of excipients, the classification of excipients, and their significance in the pharmaceutical industry. A detailed analysis illustrating market dynamics, market structure analysis incorporating Porter’s Five Force Framework analysis, and supply chain and distribution is discussed in detail. Excluded from the scope of this report is the use of excipients in cosmetics, food and beverage, and chemical industries. Emerging pharmaceutical excipients such as co-processed and multifunctional excipients and their impact on the future of the pharmaceutical excipients market are also analyzed.
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The report reviews, analyzes and projects the global Specialty Chemicals market for the period 2017-2026 in terms of value in US$; and the compound annual growth rates (CAGRs) projected from 2020 through 2026. The report focuses on COVID-19 impact on the market with concentrating on YOY growth rates for 2019-2020.
Impact of COVID-19 pandemic on Specialty Chemicals market was moderate and the demand declined by about 1% y-o-y in 2020 compared to 2019. All major regions witnessed the negative growth around 2% in 2020, while Asia-Pacific withstand a slight growth of about 1%.
The evolutionary nature of the Specialty Chemicals business has meant that the traditionally dominant regions of North America, Europe and Japan have made way for fast growth in emerging Asian, South America and Middle Eastern & African economies. Asia-Pacific, in fact, is estimated as the largest, as also the fastest growing, global mar
Ashland reports preliminary financial results1 for second quarter of fiscal year 2021 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.