NEWS
Huntsman Releases Second Quarter 2011 Results

COMPARED TO THE PRIOR YEAR REVENUES IMPROVE 25% AND ADJUSTED EBITDA IMPROVES 24% TO $318 MILLION

 

Second Quarter 2011 Highlights 

  • Revenues for the second quarter of 2011 were $2,934 million, an increase of 25% compared to $2,343 million for the same period in 2010 and an increase of 10% compared to $2,679 million for the first quarter of 2011.
  • Adjusted EBITDA for the second quarter of 2011 was $318 million, an increase of 24% compared to $257 million for the same period in 2010 and an increase of 5% compared to $302 million for the first quarter of 2011.
  • Adjusted net income for the second quarter of 2011 was $117 million or $0.48 per diluted share.  This compares to adjusted net income of $75 million or $0.31 per diluted share for the same period in 2010 and adjusted net income of $114 million or $0.47 per diluted share for the first quarter of 2011.
  • Net income attributable to Huntsman Corporation for the second quarter of 2011 was $114 million or $0.47 per diluted share.  This compares to net income attributable to Huntsman Corporation of $114 million or $0.47 per diluted share for the same period in 2010 and net income attributable to Huntsman Corporation of $62 million or $0.26 per diluted share for the first quarter of 2011.

 

Download the full release here (PDF, 140Kb)


 
 
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