Omnova Solutions Reports Lower Income, Sales

Fairlawn, OH, June 27, 2013 -- Omnova Solutions reported second quarter net income of $2.9 million or $0.06 per share, compared to net income of $7.0 million, or $0.15 per share, for the second quarter of 2012.

Net sales decreased $36.7 million, or 11.9%, to $270.8 million, compared to $307.5 million for the second quarter of 2012.

Performance Materials (formerly Paper and Carpet Chemicals) sales were $69.6 million for the second quarter of 2013, compared to $90.5 million for the second quarter of 2012.


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