Dow Corning posts strong quarterly results
A
Dow Corning product story
Edited by the Engineeringtalk editorial team
Nov 1, 2005
Dow Corning Corp has reported adjusted net income of US$113.2 million for the third quarter of 2005, a 38% increase from the US$82.1 million reported for the same quarter of 2004.
Dow Corning Corp has reported adjusted net income of US$113.2 million for the third quarter of 2005, a 38% increase from the US$82.1 million reported for the same quarter of 2004.
Through the first three quarters of 2005, adjusted net income was US$375.5 million, 79% higher than the US$209.8 million reported in the same period of 2004.
Adjusted net income is a financial measure which excludes certain unusual items and which is reconciled to net income in an attachment to this news release.
Third quarter 2005 sales were US$946.4 million, 14% greater than sales of US$829.7 million in last year's third quarter.
Through the first three quarters of 2005, sales were US$2.94 billion, an increase of 18% from sales of US$2.50 billion in the same period last year.
Including all items, Dow Corning reported net income of US$116.4 million for the third quarter of 2005 and US$406.5 million for the first three quarters of 2005.
Strong worldwide demand for Dow Corning's products and services, along with internal productivity gains, contributed to the company's excellent results, according to Vice President and Chief Financial Officer J Donald Sheets.
"Despite pressure from increasing raw material and energy costs, our performance was enhanced by the value of silicon-based technology in many industries and our focus on customer success".
Not what you're looking for? Search the site.
Contact Dow Corning
Tel +44 1676 528 000
Other Dow Corning stories
-
Faster curing makes conformal coatings more viable
Conformal coatings are used to protect a variety of printed circuit boards in automotive electronics from environmental factors such as debris and water. -
Combined starter-alternator reduces petrol use
Dow Corning is helping auto manufacturers and suppliers boost gas mileage and reduce emissions. -
Dow Corning outlines use of conformal coatings
Conformal coatings are commonly used to protect a variety of printed circuit boards (PCBs) in automotive electronics from environmental factors, particularly from debris and water. -
Collaborations help improve car electronics
Rogier Reinders of Dow Corning Electronics explains the factors driving vehicle-electronics innovation. -
Silicone lubricants for wind energy
Silicones from Dow Corning are helping wind energy become one of the world's fastest growing sources of renewable power.
Articles by product category
- Consultancy and Services (903)
- Machine Building (4,517)
-
Engineering Design Software (6,179)
- Engineering Design Software (12)
- 2D CAD software (200)
- 3D CAD software (1,157)
- FEA and structural analysis software (369)
- Fluid, thermal, noise, vibration software (334)
- Simulation, modelling, validation software (914)
- Rendering, visualisation, styling software (196)
- Materials design and moulding design software (151)
- Process, instrumentation, automation software (258)
- Electrical design software (164)
- Publishing and documentation software (229)
- Maths, charting, statistics, QA software (317)
- Data, document management software (310)
- CAM, CNC, production management software (568)
- File conversion software, data capture (351)
- PLM and collaboration software (649)
-
Drives, Motors and Controls (3,361)
- Drives, Motors and Controls (1)
- Precision Motors and Gears (411)
- Industrial Drives/Controls (1,276)
- Linear Drives and Motors (114)
- Industrial Motors (497)
- Stepper and Servo Drives, Motors, Controls (1,060)
- Small Mechanical Components, Joining, Tools (1,975)
-
Control and Instrumentation (5,028)
- Plantwide control (1,324)
- Plant- and Machine-Wide Communications (1,174)
- Smaller-Sized PLCs (387)
- CNC and Motion Controllers (184)
- Mid-range and Large PLCs (201)
- Power Supplies, Uninterruptible Power (562)
- HMIs/Operator Interfaces (294)
- Logic Controllers, Timers and Relays (96)
- Cabling, Conduit, Signal Conditioning (806)
-
Monitoring, Measurement and Quality (5,459)
- Monitoring, Measurement and Quality (1)
- Data acquisition Software and Communications (494)
- Data Acquisition Hardware and PC I/O Boards (472)
- Electrical and Electronic Testing, PAT Equipment (630)
- Form/co-ordinate, optical, vision instruments (703)
- Gauges, Indicators and Instruments (440)
- Data loggers (422)
- Materials testing equipment (421)
- Telecomms/network test equipment, software etc (154)
- Testing and Calibration Services and Information (500)
- Testing, analysing and monitoring equipment (1,222)
-
Electrical and Electronic Equipment Design (4,160)
- Batteries, chargers and circuit protection (555)
- Connectors, Terminals, Busbars, Slip Rings (679)
- Enclosures and Equipment Cooling Fans (709)
- Knobs, Handles and Enclosure Hardware (420)
- PCs and Embedded Systems (798)
- Electrical and Electronic Subassemblies (369)
- Electrical and Electronic Components (630)
-
Materials and Processing (2,963)
- Materials and Processing (5)
- Materials and components (2,215)
- Rapid Prototyping (458)
- Materials processing and testing (285)
-
Engineering Industry News, Resources (6,093)
- Engineering Industry News, Resources (4)
- Engineering Business News, Views (388)
- Engineering Exhibitions, Events (562)
- Engineering Conferences (425)
- Engineering Seminars (400)
- Engineering Industry Developments, Awards (633)
- Engineering Guides, Newsletters (349)
- Engineering Recruitment, Employment (219)
- Engineering Training Courses (433)
- Engineering Education, Resources, Standards (838)
- Engineering Industry Reports, Surveys (597)
- Electronic Resources for Engineers (278)
- Health and Safety Legislation (402)
- Health and Safety Strategy, Risk Assessment (113)
- Health and Safety Consultancy, Software (175)
- Health and Safety Events, Training, News (277)
-
Powertrain Design (3,598)
- Powertrain Design (2)
- Bearings (939)
- Chains and belts (326)
- Gears, brakes, couplings and engines (1,441)
- Hydraulic Components (471)
- Lubricants (418)
-
Capital Equipment (3,387)
- Capital Equipment (1)
- Manufacturing Machinery and Plant Equipment (468)
- Production line blowers and fans (62)
- Compressors and Air Treatment (510)
- Electronics Manufacturing, Tools, Instruments (192)
- Electrical hardware (131)
- Machinery and Production Equipment (1,093)
- Robotics, Handling and Storage (930)
-
Sensors (7,080)
- Sensors (8)
- Accelerometers and Vibration Sensors (427)
- Loadcells, Force Sensors, Torque Sensors (699)
- Pressure sensors (621)
- Flowmeters and Flow Sensors (618)
- Level Sensors and Leak Detectors (527)
- Linear Position Sensors (399)
- Rotary Position, Tilt and Angular Sensors (546)
- Proximity Sensors (700)
- Gas, Chemical, Radiation, Magnetic Sensors (284)
- Humidity and Environmental Sensors (152)
- Temperature sensors (612)
- Vision and Colour Sensors (1,384)
- Barcode Sensors (103)
- Valves, Pumps, Process Hardware (3,623)
