US PolyOne targets annual revenues of $5bn by 2015 - CEO

16 May 2012 13:36  [Source: ICIS news]

HOUSTON (ICIS)--PolyOne is aiming to achieve an annual revenue base of $5bn (€4bn) by 2015, the CEO of the US-based polymer materials firm said on Wednesday.

PolyOne’s 2015 target for adjusted earnings per share is at least $2.50, CEO Stephen Newlin told analysts during the company’s investor day.

“We have the strategy, plans and team in place to deliver [those targets], " Newlin said.

In 2011, PolyOne had revenues of $2.9bn. Adjusted earnings per share were $1.02.

($1 = €0.79)

By: Stefan Baumgarten
+1 713 525 2653

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