“We delivered solid results across our portfolio in the second quarter despite a number of challenges,” said Mark Costa, chairman and CEO. “We continue to focus on growth through Eastman-specific actions, including serving growing markets with capacity additions, improving our mix with higher-value products, and disciplined capital allocation. As a result, Eastman remains well positioned for a fifth consecutive year of strong earnings growth.”Commenting on the outlook for full year 2014, Costa said, “We delivered solid earnings in the first half of the year despite a number of headwinds. Looking forward, we remain confident in our ability to generate strong year over year earnings growth. As a result, we continue to expect 2014 earnings per share to be between $6.70 and $7.00.”
Fibre2fashion News Desk - India