Newmarket sales boost
Fuel additives company Newmarket posted Q1 net income figures of $42.1m, a 68% improvement on the previous year.
Petroleum additives saw a 21% increase in shipments, helping the company to $389.3m in Q1 revenue - a 16% increase on the same time in 2008. The results exceeded market expectations, boosting Newmarket's share price.
Published 28th April, 2010
