Rockwood Holdings Inc. (ROC) reported that its first-quarter net income attributable to shareholders decreased to $18.9 million or $0.24 per share, from $75.8 million or $0.94 per share last year. The company reported higher sales, but lower gross profit and operating income for the quarter, compared to last year. Net sales increased to $934.6 million from $909.5 million last year.
Adjusted net income decreased to $54.4 million or $0.68 per share, from $98.7 milion or $1.23 per share prior year. On average, nine analysts polled by Thomson Reuters expected the company to report profit of $0.68 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $908.67 million for the quarter.
The company said, its quarter on quarter performance was down on weak results from Titanium Dioxide Pigments, and to a lesser extent, Performance Additives, which was slightly offset by improved results from Lithium and the Advanced Ceramics medical business.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.