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Industrial Info Resources: Sales Severely Decline for Plastics Manufacturer A. Schulman, an Industrial Info News Alert

  //house-home.news-articles.net/content/2009/01/1 .. er-a-schulman-an-industrial-info-news-alert.html
  Published in House and Home on Tuesday, January 13th 2009 at 7:26 GMT, Last Modified on 2009-01-13 07:27:18 by Market Wire
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SUGAR LAND, TX--(Marketwire - January 13, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Plastics manufacturer A. Schulman Incorporated (NASDAQ: [ SHLM ]) (Akron, Ohio) recently reported earnings for the company's first fiscal quarter of 2009, which ended November 30, 2008. A slower sales environment seems to have severely cut into the company's profits. Net sales declined 21.8%, moving from $496.6 million in 1Q08 to $388.4 million this year. Net income dropped from $10.0 million last year to $8.2 million.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to [ chemicalsgroup@industrialinfo.com ] or visit us online at [ www.industrialinfo.com ].

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