15 May 2006 17:29 [Source: ICIS news]
HOUSTON (ICIS news)--Specialty chemicals maker Rockwood Holdings said on Monday its first-quarter 2006 operating income reached $91.5m, up from the year-earlier total of $72.5m.
The company cited strong demand across all its businesses for the higher income. Four of the company segments - electronics, specialty chemicals, advanced ceramics and Groupe Novasep - reported improved earnings for the quarter.
Net income for the three months ending 31 March was $40m compared with $38.3m during the same time frame in 2005. The 2006 first-quarter includes income of $10.5m related to net non-recurring and other special items, the company said.
Analysts with JPMorgan rated the ?xml:namespace>
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