27 January 2015
DETAILS
For the full year, revenue in 2014 was $3.84 billion,
2% higher than 2013 revenue of $3.77 billion.
This growth, combined with significant profitability expansion,
led to adjusted earnings per share for 2014
expanding 37% to an all time record $1.80.
GAAP earnings per share were $0.83 for the full year,
versus $0.97 in 2013.
Robert M. Patterson,
President and Chief Executive Officer.
“Our Specialty platform led the way with
Global Color, Additives & Inks and
Global Specialty Engineered Materials overcoming
difficult economic conditions in Europe and a weaker Euro
to deliver record fourth quarter operating income.”
“2014 was yet another great year in our company’s history,
underpinned by our unwavering commitment to
our four pillar strategy and achieving our aggressive goals.
Three of our businesses have already reached
their 2015 margin targets with DSS and PP&S
having line of sight to getting there this year,”
“Innovation and mix improvement continue
to be at the heart of our specialty transformation
as 44% of our specialty platform sales were
from products introduced in the last five years.”
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