This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Rockwood Holdings' CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stocks in this article: ROC

Now, please refer to Page 9. We have broken down the components of our sales growth. To give you further clarity into the numbers, I want to disclose some additional information. Please focus on the fourth quarter column on the left hand side of Page 9. Of the $74.5 million of pricing variance, about 49.5 million of it is due to price increases in our TiO2 business and 25 million is in the other sectors. As for the volume and mix for the quarter, almost all of the negative variance is in our TiO2 business which experienced about 25% drop in volumes due to seasonal trends and destocking by our customers.

Now please focus on the right side of Page 9 on the full-year results. Of the $303.3 million of positive price variance about 210 million of it is related to our TiO2 business and 93 million is related to all of our other businesses. As for the $38.2 million of positive volume variance, we had a negative variance of 85 million for the full-year for our TiO2 business and a positive variance of $120 million for all of our other businesses. I hope that this additional information would be helpful in your analysis of our performance.

Now I want to make specific comments about each one of our business units. So, please turn to Page 12 of our presentation material. Our specialty chemicals sector includes our lithium and surface treatment businesses. Both of these businesses had an excellent year. We continue to grow volumes, increase prices and improve productivity. This is why the adjusted EBITDA margin for the business improved from 25.4% to 26.1%. We continue to be optimistic about the future of these businesses and expect further improvement in the results as we move forward.

Read the rest of this transcript for free on

3 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs