Bay Street News

REPEAT: Innospec Reports Fourth Quarter and Full Year 2019 Financial Results

Oilfield Services revenues up 12 percent and operating income up 48 percentGross margin improvement in Performance Chemicals drives record operating incomeFuel Specialties impacted by supply disruption and expect operations to normalize by the end of Q1GAAP EPS $1.26 and adjusted EPS of $1.47 impacted by 19 cents from higher share based compensationStrong operating cash generation of $58.4 million; Net cash position of $15.6 million
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