AMCOL International Corporation (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.
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...
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