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Credit Suisse Downgrades Multi Packaging Solutions (MPSX) to Underperform

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Multi Packaging Solutions Announces First Quarter Results

November 8, 2016 4:01 PM EST

Completes debt refinancing and two acquisitions

NEW YORK--(BUSINESS WIRE)-- Multi Packaging Solutions International Limited (NYSE: MPSX), (MPS or the Company), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced results for its first quarter ended September 30, 2016.

1Q FY 2017 vs. 1Q FY 2016:

GAAP sales of $407.8 million vs. $459.1 million Negative foreign exchange impact of $17.4 million GAAP operating income of $27.7 million vs. $40.7 million... More