More on Huntsman (HUN -3.5%) Q4: swings to net loss of $40M from a profit of $105M as sales slip...
Tuesday, February 12, 10:00 AM ETMore on Huntsman (HUN -3.5%) Q4: swings to net loss of $40M from a profit of $105M as sales slip 0.5%, with earnings hurt by restructuring costs of $40M and a loss of $78M on the extinguishment of debt. However, gross margin widens to 16% from 14.8% as input costs drop 2%. Revenue breakdown: polyurethanes +13%, textile effects +9.2%, performance products -4.2%, pigments -28%. Expects restructuring to yield benefits of $190M in mid-2014.
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