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ALBEMARLE CORP FILES (8-K) Disclosing Results of Operations and Financial Condition, Financial Statements and Exhibits

January 28, 2014

Item 2.02. Results of Operations and Financial Condition. On January 28, 2014 , Albemarle Corporation (the "Company") issued a press release regarding its earnings for the fourth quarter and fiscal year ended December 31, 2013 . A copy of this release is being furnished as Exhibit 99.1 hereto and incorporated herein by reference. In addition, on January 29, 2014 , the Company will hold a teleconference for analysts and media to discuss results for the fourth quarter and fiscal year ended December 31, 2013 . The teleconference is webcast on the Company's website at www.albemarle.com . The press release attached as Exhibit 99.1 includes presentations of net income attributable to Albemarle Corporation ("earnings"), earnings per share and effective income tax rates which exclude special and non-operating pension and OPEB items, as well as presentations of segment operating profit, segment income, EBITDA, EBITDA excluding special and non-operating pension and OPEB items, EBITDA margin and EBITDA margin excluding special and non-operating pension and OPEB items. These are financial measures that are not required by, nor presented in accordance with, accounting principles generally accepted in the United States ("GAAP"), but are included to provide additional useful measurements to review our operations, provide transparency to investors and enable period-to-period comparability of financial performance. Our presentations of earnings, earnings per share, segment operating profit and effective income tax rates which exclude special and non-operating pension and OPEB items should not be considered as alternatives to earnings, earnings per share, operating profit and effective income tax rates, respectively, as determined in accordance with GAAP. Also, segment income, earnings excluding special and non-operating pension and OPEB items, EBITDA and EBITDA excluding special and non-operating pension and OPEB items should not be considered as alternatives to net income attributable to Albemarle Corporation as determined in accordance with GAAP. Further, EBITDA margin and EBITDA margin excluding special and non-operating pension and OPEB items should not be considered as alternatives to net income attributable to Albemarle Corporation as a percentage of our consolidated net sales as would be determined in accordance with GAAP. The Company has included in the press release certain reconciliation information for these measures to their most directly comparable financial measures calculated and reported in accordance with GAAP. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release, dated January 28, 2014 , issued by the Company. --------------------------------------------------------------------------------


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Source: Edgar Glimpses


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