Solutia Inc. is expecting to post 2008 adjusted EBITDA from continuing operations within the previously announced full year estimate range of US$385 mln to US$395 mln. For the Q4 - 2008, Solutia expeccts to report net sales from continuing operations of approximately US$430 mln, a decline of approximately 12% over the prior year period, due largely to decreased volumes.
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Thursday, January 29, 2009
Solutia expects to post 12% YOY decline in net sales
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