PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Chase Announces Q4, Fiscal Year Results

Wednesday, October 21, 2009

Comment | More

Chase Corporation (Bridgewater, MA), a global manufacturer of high-performance tapes, laminates, sealants, and coatings, reported a 20% reduction in 4th quarter revenues and a reduction of 26% in profits for the period.

Revenues fell from $35.7 million to $28.4 million, and profits fell to $2.8 million from $3.8 million in 4th quarter 2008.

For the year, Chase saw revenues of $107.6 million, a decrease of 19% compared to $132.5 million for 2008. Net income was $6.4 million, down from $12.4 million in 2008.

The fiscal year and Q4 2009 ended on August 31, 2009. Chase reported the figures on October 15, 2009.

Peter R. Chase, chairman and chief executive officer, said that 2009 was challenging particularly because it followed the company’s best year ever. He stated, “While we can’t help but be disappointed in the sales and earnings comparison to 2008, I am encouraged when we put it in the perspective of the current economic climate.”

For more information, visit www.chasecorp.com.

   

Tagged categories: Chase Corp.; Earnings reports; Finance

Comment Join the Conversation:

Sign in to our community to add your comments.

Surface Prep Supply
Surface Prep Supply

Blast It! Coat It! We have you covered every step of the way. Supplier of:
• Abrasives
• Equipment
• Accessories
• Protective Coatings
888-331-7737(PREP)


Axxiom Manufacturing
Revolutionary Units

By integrating Schmidt's Aftercoolers with our blast pots, these systems remove moisture from air and minimize equipment footprint on jobsite.
Call 1-800-231-2085


International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment


    DRYCO
    Control the Tank with DRYCO

    Temporary climate control equipment. Dehumidifiers,
    Heaters, A/C, Power, More…
    Toll Free: 866-379-2600


    HoldTight Solutions Inc.
    NO FLASH RUST -
    NO CONTAMINANTS

    Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
    Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


    Minerals Research & Recovery

    HIGH PERFORMANCE ABRASIVES


    “Made in the USA!”

    Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!

    WATCH THE VIDEO


    Simpson Strong-Tie
    Repair, Protect & Strengthen

    Need a coating? Turn to Fox. We have solutions to repair, protect and strengthen concrete, steel and wood substrates. Call 888-760-0369 or email info@foxind.com

  •  
     
     
    Technology Publishing

    The Technology Publishing Network

    The Journal of Protective Coatings & Linings (JPCL) PaintSquare
    Durability + Design Paint BidTracker JPCL Europe

     
    EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
    REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
    MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
     

    © Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
    2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com