NEWS
Huntsman Releases 2008 Second Quarter Results

SECOND QUARTER 2008 ADJUSTED EBITDA INCREASED 11% AS COMPARED TO FIRST QUARTER 2008 RESULTS.

Second Quarter 2008 Highlights:

  • Revenues for the second quarter of 2008 were $2,895.7 million, an increase of 17% as compared to $2,471.2 million for the second quarter of 2007 and an increase of 14% as compared to $2,540.4 million for the first quarter of 2008.
  • Net income for the second quarter of 2008 was $23.7 million or $0.10 per diluted share as compared to a net loss of $70.9 million or $0.30 loss per diluted share for the same period in 2007 and compared to $7.3 million or $0.03 per diluted share for the first quarter of 2008.  Adjusted net income from continuing operation for the second quarter of 2008 was $19.9 million or $0.09 per diluted share as compared to $83.8 million or $0.36 per diluted share for the same period in 2007 and $16.9 million or $0.07 per diluted share for the first quarter of 2008.
  • Adjusted EBITDA from continuing operations for the second quarter of 2008 was $209.8 million as compared to $246.4 million for the same period in 2007 and compared to $188.3 million for the first quarter of 2008.

Read the full release here. (PDF, 145 kb) 


 
 
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