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Lubrizol Reports Good Q2 Results

Wednesday, August 12, 2009

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The Lubrizol Corporation, a specialty chemicals company that makes products for coatings and other industries, released its second quarter 2009 earnings, up from $78.1 million in the second quarter of 2008. Consolidated earnings were $131.9 million, including restructuring and impairment charges for the Wickliffe, OH-based company.

Consolidated revenues decreased 18% to $1.11 billion. Excluding restructuring and impairment charges, adjusted earnings were $138.4 million, compared with $87.2 million in Q2 2008.

 

   

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