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Innophos Holdings, Inc. Reports Second Quarter 2009 Results
Date:8/3/2009

Summary Profit & Loss Statement - Second Quarter

                    INNOPHOS HOLDINGS, INC. AND SUBSIDIARIES
           Condensed Consolidated Statement of Operations (Unaudited)
       (Dollars In thousands, except per share amounts or share amounts)

                                             Three months        Three months
                                                 ended               ended
                                                June 30,            June 30,
                                                  2009                2008
                                                  ----                ----
    Net sales                                 $166,766            $264,000
    Cost of goods sold                         117,371             156,135
                                                ------             -------
    Gross profit                                49,395             107,865
                                                ------             -------

    Operating expenses:
      Selling, general and administrative       17,427              17,363
      Research & development expenses              533                 551
                                                   ---                 ---
      Total operating expenses                  17,960              17,914
                                                ------              ------

    Operating income                            31,435              89,951
    Interest expense, net                        3,612               8,443
    Foreign exchange gain                         (690)               (294)
    Other loss (income), net                       208                (158)
                                                   ---                ----

    Income before income taxes                  28,305              81,960
    Provision for income taxes            
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SOURCE Innophos Holdings, Inc.
Copyright©2009 PR Newswire.
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