This record is basically given by the increase in production volumes and the increase in the prices of the products of all its divisions, as a response to the strong market conditions and the prices of raw materials, costs that were finally offset by the strength of the dollar against other European currencies.
According to the same document, adjusted EBITDA for 2010 was US$872 million compared to US$529 million for 2009. Therefore, adjusted net income was $200 million or $0.83 per diluted share compared to adjusted net loss of $303 million or $1.30 from the shared diluted loss for 2009.
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