Brief: Stepan Reports First Quarter Results

Stepan

25/04/2023 13:36

April 25 (Reuters) - Stepan Co  SCL.N :
    * STEPAN REPORTS FIRST QUARTER RESULTS
    * : BELIEVE Q2 VOLUMES WILL REMAIN DEPRESSED
    * : EXPECT SECOND HALF YEAR OVER YEAR VOLUME GROWTH
    * : WILL CONTINUE TO ACTIVELY CONTROL COSTS AND EXECUTE OUR
PRODUCTIVITY PROGRAMS
    * OUR BALANCE SHEET REMAINS HEALTHY
    * FOR FULL YEAR, CAPITAL EXPENDITURES ARE EXPECTED TO BE IN
RANGE
OF $220 MILLION TO $240 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $649.7
MILLION --
REFINITIV IBES DATA

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