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Kraton Polymers announces improved Q2 results

August 05/2010

HOUSTON (PRNewswire) -- Kraton Performance Polymers, Inc., a leading global producer of styrenic block copolymers, announces improved financial results for the quarter ended June 30, 2010.

 

Revenues in the second quarter 2010 were $332 million, an increase of approximately 42% compared to second quarter 2009 and 22% compared to the first quarter 2010.  The increase in revenues compared to the second quarter 2009 and first quarter 2010 was primarily the result of the combined impact of increased price and sales volume.  Sales volume in the second quarter 2010 was 86 kilotons, an increase of 21% compared to second quarter 2009 and 18% compared to the first quarter 2010. 

 

Adjusted EBITDA in the second quarter 2010 was $63 million, or 19% of revenue, compared to $13 million, or 6% of revenue, in the second quarter 2009 and $43 million or 16% of revenue in the first quarter 2010. 

 

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Kraton Polymers announces improved Q2 results

 

 

 

 

 

 

 

 

 

 

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