AMCOL International Corporation (NYSE:ACO) has been doing fairly well in its Performance Materials and Construction Technologies' segments, but its Energy segment continues to be challenging for the company, and the successful implementation of a strategy to address cost and margin issues related to the unit will determine how the company performs going forward.
(click to enlarge) source: StockCharts.com
Latest Quarterly Results
Company sales for the third quarter of 2013 climbed 5.7 percent, led by the 8 percent gain by its Performance Materials unit. Energy Services and Construction Technologies grew by approximately 5 percent each.
Including two impairment charges, the company lost $0.61 in the quarter. The largest impairment charge by far was for $52.3 million, or $1.08 per...
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