Company News, Financial News

Surfactant Results Lift Stepan

Segment sales rise 5% in 2015.

Author Image

By: TOM BRANNA

Editor

Surfactant sales and profits rebounded at Stepan, both in the fourth quarter and for the full year. In Q4, reported net income was $12.9 million and adjusted net income was $17.0 million, a 93% increase from the previous year. Surfactant operating income more than doubled to $24.3 million, and polymer operating income increased 38% to $18.1 million. Total sales volume increased 10% for the quarter. Surfactant and polymer sales volumes increased 10% and 7%, respectively. For the year, report...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters