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Albemarle Reports Third Quarter 2007 Results
Date:10/22/2007

cted are based on reasonable assumptions within the bounds of our knowledge of our business and operations, there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ from expectations include, without limitation: the inability to pass through increases in costs and expenses for raw materials and energy; competition from other manufacturers; changes in demand for our products; the gain or loss of significant customers; fluctuations in foreign currencies; and increased government regulation of our operations or our products. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the period ended December 31, 2006 and in our other public filings with the Securities and Exchange Commission. Readers are urged to review and consider carefully the disclosures we make in our filings with the Securities and Exchange Commission.

Albemarle Corporation and Subsidiaries

Consolidated Statements of Income

(In Thousands of Dollars, Except Share and Per Share Amounts) (Unaudited)

Third Quarter Ended Nine Months Ended

September 30, September 30,

2007 2006 2007 2006

Net sales $583,981 $607,818 $1,737,031 $1,783,969

Cost of goods sold 431,019 459,590 1,270,898 1,381,904

Gross profit 152,962 148,228 466,133 402,065

Selling, general and

administrative

expenses 61,004 58,000 182,745 178,055

Research and

development

expenses 15,422 11,549 46,057 34,192

Dayton facility

closure charge - - 4,944(b)
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SOURCE Albemarle Corporation
Copyright©2007 PR Newswire.
All rights reserved

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