Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $7.41 USD
Change Today -0.06 / -0.80%
Volume 121.0K
OMN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

omnova solutions inc (OMN) Snapshot

Open
$7.40
Previous Close
$7.47
Day High
$7.50
Day Low
$7.37
52 Week High
07/7/14 - $9.36
52 Week Low
10/10/14 - $5.15
Market Cap
343.6M
Average Volume 10 Days
150.0K
EPS TTM
$0.18
Shares Outstanding
46.4M
EX-Date
07/13/01
P/E TM
41.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for OMNOVA SOLUTIONS INC (OMN)

omnova solutions inc (OMN) Related Bloomberg News

View More Bloomberg News

omnova solutions inc (OMN) Related Businessweek News

No Related Businessweek News Found

omnova solutions inc (OMN) Details

OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in North America, Europe, and Asia. The company operates in two segments, Performance Chemicals and Engineered Surfaces. The Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based primarily on styrene butadiene, styrene butadiene acrylonitrile, styrene butadiene vinyl pyridine, nitrile butadiene, polyvinyl acetate, acrylic, styrene acrylic, vinyl acrylic, glyoxal, fluorochemicals, and bio-based chemistries. Its custom-formulated products include tailored resins, binders, adhesives, specialty rubbers, antioxidants, hollow plastic pigments, and elastomeric modifiers, which are used in paper, specialty coatings, carpets, nonwovens, construction, oil/gas drilling and recovery, adhesives, tapes, tire cords, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and hoses, bio-based polymers, and other specialty applications. This segment primarily sells its products directly to manufacturers. The Engineered Surfaces segment develops, designs, produces, and markets a line of engineered surfacing products, including coated fabrics, vinyl, paper and specialty laminates, and industrial films. Its products are used in various applications, such as commercial building refurbishment, remodeling, and new construction; residential cabinets, flooring, ceiling tiles, and furnishings; retail display; office furniture; transportation markets; recreational vehicles; manufactured housings; and various performance film applications. This segment distributes its products primarily through a direct sales force and agents to manufacturers of cabinets, furniture, seating and health care components, and other products. OMNOVA Solutions Inc. was founded in 1999 and is headquartered in Beachwood, Ohio.

2,320 Employees
Last Reported Date: 06/30/15
Founded in 1999

omnova solutions inc (OMN) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $769.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $217.0K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $275.0K
Senior Vice President of Corproate Developmen...
Total Annual Compensation: $355.0K
Vice President of Global Sourcing and Logisti...
Total Annual Compensation: $283.7K
Compensation as of Fiscal Year 2014.

omnova solutions inc (OMN) Key Developments

OMNOVA Solutions Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended May 31, 2015; Reports Asset Impairment for the Second Quarter Ended May 31, 2015; Provides Earnings Guidance for the Fiscal Year 2015

OMNOVA Solutions Inc. reported unaudited consolidated earnings results for the second quarter and six months ended May 31, 2015. For the quarter, the company reported net sales of $220.2 million compared to $266.4 million a year ago. Income from continuing operations before income taxes was $3.6 million compared to $5.3 million a year ago. Net income was $3.9 million or $0.09 per basic and diluted share compared to $3.4 million or $0.07 per basic and diluted share a year ago. Net cash provided by operating activities was $17.9 million compared to net cash used in operating activities of $3.8 million a year ago. Capital expenditures were $6.0 million compared to $5.9 million a year ago. The sales decrease was the result of $26 million or 9.8% of reduced pricing, driven primarily by contract-based index pricing in certain markets tied to raw material price declines; $8.1 million or 3.0% of unfavorable currency translation effects, primarily from the decline of the Euro; and lower sales volume of $12.2 million or 4.6%, primarily in paper, carpet, oil & gas and coated fabrics. Adjusted income from continuing operations before income taxes was $7.5 million compared to $5.7 million a year ago. Adjusted income from continuing operations was $5.2 million compared to $4.0 million a year ago. For the six months period, the company reported net sales of $427.1 million compared to $492.3 million a year ago. Loss from continuing operations before income taxes was $0.8 million compared to income from continuing operations before income taxes of $7.7 million a year ago. Net income was $0.7 million or $0.02 per basic and diluted share compared to $4.6 million or $0.10 per basic and diluted share a year ago. Net cash provided by operating activities was $10.5 million compared to net cash used in operating activities of $19.9 million a year ago. Capital expenditures were $10.5 million compared to $10.6 million a year ago. Adjusted income from continuing operations before income taxes was $6.6 million compared to $9.0 million a year ago. Adjusted income from continuing operations was $4.6 million compared to $6.3 million a year ago. The company reported asset impairment of $0.6 million for the second quarter ended May 31, 2015 compared to nil a year ago. The company continues to expect significant growth in adjusted diluted earnings per share for the full 2015 fiscal year.

OMNOVA Names Chrisman Global Sales VP

OMNOVA named Mark Chrisman global vice president, sales and commercial excellence for its performance chemicals unit Chrisman previously worked at Alcoa, where he was vice president, global commodity management. He also worked at Chemtura, Ohio Valley Plastic Group, NOVA Chemicals and Dow Chemical.

OMNOVA Solutions Inc. to Report Q2, 2015 Results on Jun 30, 2015

OMNOVA Solutions Inc. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Jun 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OMN:US $7.41 USD -0.06

OMN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ferro Corp $16.45 USD -0.13
Kraton Performance Polymers Inc $23.50 USD -0.43
Neenah Paper Inc $57.22 USD -0.80
Schweitzer-Mauduit International Inc $39.58 USD -0.18
Wausau Paper Corp $9.05 USD -0.11
View Industry Companies
 

Industry Analysis

OMN

Industry Average

Valuation OMN Industry Range
Price/Earnings 52.2x
Price/Sales 0.4x
Price/Book 2.6x
Price/Cash Flow 9.4x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OMNOVA SOLUTIONS INC, please visit www.omnova.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.