Mexichem records strong Q4 sales, earnings

By Davide Ghilotti
Published: Monday, 27 February 2017

Sales improved for the Mexican fluorspar supplier in Q4 although revenues fell on a full-year basis, affected by a slowdown in both its fluor and fluent operations.

Mexican fluorochemical producer Mexichem SAB de CV saw a strong fourth quarter leading to improved sales and earnings although full-year financials reported a decline, mainly due to a negative effect of currency exchange rates.

Four-quarter 2016 sales increased 5% to $1.3bn year-on-year (y-o-y), while full-year revenues, at $5.4bn, were...

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