Mexichem records strong Q4 sales, earnings
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...