PolyOne Announces Third Quarter 2010 Results

by Benzinga Staff
November 4, 2010 8:14 AM | 29 seconds read |

PolyOne Corporation POL today reported revenues of $680.8 million for the third quarter of 2010, a 24% increase compared to revenues of $548.3 million in the third quarter of 2009. Consolidated revenue growth was driven by a 15% increase in volume and higher selling prices principally associated with raw material cost increases.

 

  • Revenues increase 24% versus third quarter 2009
  • Reports earnings per share of $0.01; $0.28 excluding special items and one-time tax adjustments
  • Balance sheet further strengthened with refinancing of senior notes
  • Record operating income from the combined three strategic platforms

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