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Rohm & Haas

Rohm & Haas is a publicly traded company having a good stock performance result. Rohm & Hass is a fortune 500 stock listed company trading under ROH. Rohm and Haas is the one to blame if you can't get that paint out of your hair. The company's operations are divided among six segments, the largest of which is the coatings group, which makes additives and binders used by paint makers.
The performance chemicals unit makes plastics additives and antimicrobials, while the electronic materials division manufactures photo resists and materials for making printed wiring boards. Acrylates make up most of its Monomers division and Rohm and Haas salt group markets salt for road ice control, table salt and water softening. The smallest unit manufactures adhesives and sealants.
For 2005 Sales of 7.994 billion dollars represent a 10 percent increase over 2004, their third consecutive year of double-digit sales growth. They saw growth across all their businesses, and in many cases, an improved product mix toward higher growth, higher margin products. In addition, they had a strong performance in the advanced technology products, particularly Electronic Materials.
Earnings from continuing operations of 638 million dollars or 2.86 dollars per share were 29 percent higher than last year and reflect record profitability for the company. This performance is even more notable when considering the unprecedented increases in raw material, energy and freight costs and the effects of the natural disasters along the Gulf Coast during the year.
They had another very strong year for cash generation in 2005. Full-year cash from operations was 947 million dollars. They strengthened their balance sheet by retiring 400 million dollars of debt, and invested 333 million dollars in facilities and infrastructure to support the growth needs of the company. Taken together; their cash deployment reflects their ongoing efforts to benefit all their Rohm and Haas stakeholders.
The past five years have been challenging times for their industry, driven by recessions, high oil and natural gas prices and geo-political issues. The next five years may very well be equally demanding, making accurate forecasting a challenge. However, they have demonstrated, they have the right portfolio, geographic positioning and talent to grow and deliver sustained financial performance. All of this is made possible through the talent and creativity of the 16500 employees who work around the globe to deliver exceptional results.

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