Dow reports first quarter 2020 results
Dow Inc. (DOW)
Last dow inc. earnings: 4/30 06:00 am
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US:NYSE Investor Relations:
dow.com/en-us/about-dow/our-company/investor-presentations
Company Research
Source: Business Wire
MIDLAND, Mich.--(BUSINESS WIRE)--Dow (NYSE: DOW):FINANCIAL HIGHLIGHTSGAAP earnings per share was $0.32; Operating EPS¹ was $0.59. Operating EPS excludes significant items in the quarter, totaling $0.27 per share, related to restructuring and asset related charges; early extinguishment of debt; and integration and separation costs.Net sales were $9.8 billion, down 11% versus pro forma results in the year-ago period, primarily driven by lower local prices in all operating segments due to a decline in global energy prices.Volume declined 2% versus pro forma results in the year-ago period, and decreased 1% excluding the Hydrocarbons and Energy business. Demand grew in food, health and hygiene packaging; surfactants and solvents for cleaning; and coatings end-markets. However, these gains were more than offset by declines in polyurethanes and silicones applications, including automotive and durable goods. Sequentially, the Company reported broadly lower volumes in China on slower econo
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