Dow Chemicals Sales & Profits

The United States is the dominant market in which Dow Chemical participates. Sales in the United States in 1993 totaled $9.285 billion, slightly more than double sales for Europe and the rest of the world combined. Sales in Europe were $4.836 billion for 1993, while sales throughout the rest of the world totaled $3.939 billion. Sales for 1993 were down for both the United States and Europe from 1992, although sales increased slightly for the company's operations in the rest of the world over 1992 (an increase of approximately three percent). The result is that overall sales fell from 1992 to 1993 after climbing from 1991 to 1992.

The United States has been the strongest of the three major markets for the past three years. Although sales fell from 1992 to 1993 (by 2.6 percent), sales increased from 1991 to 1992 (by five percent). At the same time, operations within the United States have produced the greatest amount of operating income: $1.036 billion in 1993, $1.159 billion in 1992 and $1.136 billion in 1991.

The rest of the world also has proved fruitful for Dow in recent years, although not on the same level as the United States. Net sales fell negligibly from 1991 to 1992 (by well under one percent), but operating income over the same period increased by 28 percent. This indicates that although the company's sales throughout the world were stagnant, the company was operating at better efficiencies a

. . .
.85 percent, maturing in 2013) are registered on the New York Exchange. Subordinated exchangeable notes (5.75 percent, maturing in 2001) are registered on NASDAQ. In addition to the American exchanges, the company's stock trades on the Amsterdam, Antwerp, Basel, Bern, Brussels, Dusseldorf, Frankfurt, Geneva, Hamburg, Lausanne, London, Paris, Tokyo, Toronto and Zurich exchanges. Debt (Bonds, Eurobonds, Foreign Bond Exchanges) The foreign debt that the company has is, presumably, traded on the European or other exchanges where the debt is held. Thus the debt held in yen would be traded in Tokyo, and so on. Having a global market for debt means that the company must manage its debt portfolio just as it manages it product and marketing mix. The end result is that the company must carefully consider its financial performance not only in terms of its American stockholder, but also in terms of its European or Asian bond holder. The company has undertaken a program of reducing its long-term debt, with the result that some of its foreign debt has recently been retired. This has increased the amount of debt financing that is available to the company, and also enhances the rating of the company by independent parties, which lowers t
. . .

Some common words found in the essay are:
United Europe, Outlook Dow, United Net, Various Markets, Eli Lilly, Foreign Debt, Commission SEC, Conclusion Dow, European Asian, Bond Exchanges, rest world, research development, 1991 1992, 1992 1993, foreign debt, united europe, result company, healthcare reform, percent 1992, sales europe, management recognizes company, sales rest world, percent 1992 1993, 1993 period sales, fell 1992 1993,
Approximate Word count = 2556
Approximate Pages = 10 (250 words per page)

More Essays on Dow Chemicals Sales & Profits