The Dow Chemical Company (DOW) Reports Second Quarter Results  
7/26/2012 10:19:19 AM

MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW):

Second Quarter 2012 Highlights

• Dow reported earnings of $0.55 per share. This compares with earnings of $0.84 per share in the same quarter last year, or adjusted earnings of $0.85 per share(1).

• Sales were $14.5 billion, down 10 percent, or 6 percent on an adjusted sales(2) basis. The decline was led by Europe, which decreased 10 percent, driven by adverse currency conditions totaling more than $400 million, or 8 percent. Sales in Agricultural Sciences grew 12 percent, achieving a new second quarter record.