CALGON CARBON CORPORATION (PITTSBURGH, PA) . . .
announces results for the second quarter. The company reported net income and income from continuing operations of $4.5 million or $0.09 per common share on a fully diluted basis for the second quarter of 2007, as compared to net income of $2.4 million or $0.06 per common share on a fully diluted basis for the second quarter of 2006, and income from continuing operations of $2.1 million or $0.05 per common share on a fully diluted basis for the second quarter of 2006.

For the second quarter of 2007, income from operations was $8.6 million versus income of $3.0 million for the comparable period in 2006. For the second quarter of 2006, income from operations included a $4.9-million pre-tax gain from a property insurance settlement for damage at the company's Pearl River plant, which was caused by Hurricane Katrina in 2005.

Net sales for the second quarter of 2007 were $88.4 million versus second quarter 2006 net sales of $80.5 million, an increase of 9.8 percent. Currency translation had a $1.8-million positive impact on sales for the second quarter of 2007 due to the stronger Euro and the British Pound Sterling.

For the second quarter of 2007, sales for the Activated Carbon and Service segment increased by 10.8 percent versus the second quarter of 2006. The increase was primarily due to higher pricing and demand for activated carbon/service products in the industrial process and environmental air treatment markets and higher pricing in the potable water market.

Equipment sales increased by 12.8 percent in the second quarter of 2007 versus the second quarter of 2006, due to higher demand for odor control systems. A 16.0 percent decrease in Consumer sales for the second quarter of 2007 was attributable to lower demand for Preserve products.

Net sales, less the cost of products sold as a percentage of net sales, for the second quarter of 2007 were 32.7 percent versus 25.5 percent for the second quarter of 2006. The increase was primarily due to higher pricing on certain carbon and service products.

Selling, administrative and research expenses for the second quarter of 2007 decreased 9.6 percent versus the second quarter of 2006, primarily due to lower legal expenses.