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Innophos Holdings’ sales of speciality phosphates down

By James Sean Dickson
Published: Tuesday, 28 October 2014

Innophos does not appear to have suffered greatly from supplier delays, though it will be looking to avoid such production volume reductions again. The fall in sales was more than made up for by margin improvements, however.

Innophos Holdings Inc., saw its Q3 2014 net sales fall by 4% year-on-year (y-o-y), though its income for the same period increased by 67.5% to $18.32m as the company improved its margins.

Despite the fall in sales, gross profit increased by 31.7% to just under $51m. Diluted earnings...

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