Net sales boosted Abemarle's Q1 performance

By Martim Facada
Published: Thursday, 04 May 2017

Albemarle reached a 10% growth in net sales due to higher sales volumes in all segments, having initiated a share repurchase programme and repaid a significant amount of long-term debt.

Albemarle Corporation reported a decrease in their net earnings year-on-year to $51.2m in Q1 2017 from $228.19m in Q1 2016, taking the share price down to $0.45 per share from $2.02 previously.

The sharp decrease in the quarter was related to the repayment of approximately $751.21m...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.