This page contains Company press releases for the past 1 to 2 years, listed in chronological order. Please note that this information is provided only for historical purposes. Investors should not rely on this information as being unchanged in making investment decisions.
Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking information and statements in this web site and the contents of any announcement or information are subject to various risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. These risks and uncertainties include but are not limited to: those discussed or identified in the public filings with the U.S. Securities and Exchange Commission (SEC) made by Stepan Company; risks and uncertainties with respect to Stepan Company’s expectations regarding the tax treatment of acquisitions, the value of merger consideration, growth opportunities, earnings accretion, cost savings, revenue enhancements, synergies and other benefits anticipated from acquisition transactions; the costs and effects of government regulation and legal and administrative proceedings; difficulties related to integrating acquired businesses; the effect of any changes in customer and supplier relationships and customer purchasing patterns, shifts in the growth rates among segments driven by various factors, and of general economic conditions such as changes in interest rates and the performance of the financial markets, changes in domestic and foreign laws, regulations and taxes, changes in competition and pricing environments, and general market and industry conditions. Stepan undertakes no obligation to publicly update or revise any forward-looking statements.
|03/30/15||Stepan Announces First Quarter 2015 Earnings Conference Call and Webcast|
|NORTHFIELD, Ill., March 30, 2015 /PRNewswire/ -- Stepan Company (NYSE: SCL) will issue its first quarter 2015 earnings results on Tuesday, April 28, 2015 at approximately 7:00 am ET (6:00 am CT). Supporting slides will be posted at approximately the same time on the Investor Relations/Presentations page at www.stepan.com. The Company will hold its conference call to discuss the financial and operational performance highlights on Wednesday, April 29, 2015, at 8:00 am ET (7:00 am CT).
The call ... |
|02/18/15||Stepan Reports Fourth Quarter and Full Year 2014 Results, Announces Restructuring Charges, and Declares Quarterly Dividend|
|NORTHFIELD, Ill., Feb. 18, 2015 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported:
Fourth Quarter Highlights
Reported net income was $6.2 million or $0.27 per diluted share versus $10.7 million or $0.46 per diluted share in the prior year quarter.
Net sales declined 4% versus the prior year quarter primarily due to a 7% decrease in volume.
Restructuring charges recognized in the current year quarter were $3.0 million after-tax. These charges were attributable to an early ret... |
|02/02/15||Stepan Announces Fourth Quarter and Full Year 2014 Earnings Conference Call and Webcast|
|NORTHFIELD, Ill., Feb. 2, 2015 /PRNewswire/ -- Stepan Company (NYSE: SCL) will issue its fourth quarter earnings results on Wednesday, February 18, 2015 at approximately 7a.m. ET (6a.m. CT). Supporting slides will be posted at approximately the same time on the Investor Relations/Presentations page at www.stepan.com. The Company will hold its conference call to discuss the financial and operational performance highlights on the same day at 10:00 a.m. ET (9:00 a.m. CT).
The call will be ho... |
|01/20/15||Stepan Sells its Specialty Polyurethane Systems Business|
|NORTHFIELD, Ill., Jan. 20, 2015 /PRNewswire/ -- Stepan Company (NYSE: SCL) announced today the sale of its Specialty Polyurethane Systems business ("KITS") to J6 Polymers, LLC. The 2014 net sales associated with this business were $2.8 million.
The sale was for cash and included inventory as well as customer and supplier lists, intellectual property, formulations, manufacturing procedures and all other information required to operate the business. The Company expects to report a pretax one... |