08.01.2014 23:11:39
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Chase Q1 Profit Rises - Quick Facts
(RTTNews) - Chase Corp. (CCF) reported first-quarter net income attributable to the company of $8.8 million, or $0.95 per share, compared to $3.5 million, or $0.39 per share in the prior year quarter.
Revenues for the quarter grew to $54.18 million from $53.40 million in the comparable quarter last year.
Peter R. Chase, Chairman and Chief Executive Officer, commented, "We had a good start to the 2014 fiscal year with the first quarter activity. Revenues were up slightly from the same period last year but the sales mix favored higher margin product lines. Much of this is the result of our sustained strategic efforts to develop new products, employ creative channel development tactics to increase market share, continue to consolidate our facilities and functions and closely monitor expenses throughout the organization.
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