Versum Materials Inc. (NYSE: VSM), Tempe, AZ, reported sales for the fiscal first quarter of $270.8 million, an increase of 10 percent compared to the same period a year ago. Profit decreased 22 percent to $50.8 million.
These results reflect the performance of Versum Materials as a wholly owned subsidiary of Air Products and Chemicals Inc. (NYSE: APD), Lehigh Valley, PA, and are derived from the consolidated financial statements and accounting records of Air Products as if Versum operated on a stand-alone basis during the periods presented.
