Friday, June 26, 2009

Solutia posts US$131 mln net sales in May; re-affirms FY 2009 guidance

US-based performance materials and specialty chemicals company Solutia Inc. announced that based on its performance through May, it is re-affirming its full-year 2009 adjusted EBITDA guidance from conntinuing operations of US$325 mln to US$350 mln and its full-year 2009 total cash from operations less capital expenditures guidance of US$50 to US$100 mln.

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