Omnova Solutions Reports Small Loss in Quarter
Fairlawn, OH, April 4, 2013 -- Omnova Solutions reported a net loss for the first quarter of $200,000 or $0.00 per share, compared to net income of $13.5 million, or $0.29 per share, a year ago.
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Net sales decreased $24.2 million, or 8.8%, to $251.7 million for the first quarter of 2013, compared to $275.9 million for the first quarter of 2012.
Omnova Solutions makes specialty chemicals and emulsion polymers.