Nalco Holding Co. (NYSE:NLC) reported results for the second quarter ending June 30, 2011. Second-Quarter Highlights: Record sales of $1.2 billion were up 8 percent over last year. Excluding approximately $70 million in sales from the Gulf of Mexico emergency response in the year ago period, sales grew 16 percent. A notable increase of 3 percent in price is reflected in the strong performance as well as 8 percent volume growth and a favorable currency impact of 5 percent.Achieved Adjusted EBITDA of $175 million versus $199 million in the prior year.
Nalco Holding Company engages in the manufacture and sale of specialized service chemical programs worldwide.
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August 9th, 2011 at 01:35 pm