Borealis’ Third Quarter Delivers Positive Results

Companies ♦ Published: November 11, 2011; 12:40 ♦ (Vindobona)

The Austrian chemical company doubled its profit in an increasingly challenging market environment.

Borealis’ Third Quarter Delivers Positive Results / Picture: © Borealis

Borealis reported a net profit of € 107m in the third quarter of 2011 compared to € 54m in the same quarter of 2010.  Overall the company announced a net profit of € 448m year to date, compared to € 200m during the same period in 2010.  Borealis’ net debt position improved in the third quarter by € 17m, resulting in a gearing of 38%.

These results were achieved in…

or Log In

Fast News Search
Related News
OMV’s Performance Still Impacted by Libyan Production Shortfalls (November 9, 2011)
Demanding Sale Program for OMV (September 26, 2011)
Borealis Doubles Profit and Expects Challenging Market Conditions (August 11, 2011)
Borealis Records Strong Results in the First Quarter (May 19, 2011)
OMV: No Sale of Stake in Borealis (April 14, 2011)
Borealis Invests in Linz (March 8, 2011)
Read More
Borealis, Chemical Industry, Earnings
Featured
See latest Vindobona Newsletter