Bemis (BMS) Tops Q1 EPS by 3c, Confirms FY Guidance
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Bemis Company Reports 2015 First Quarter Results with Strong Margin Improvement
April 23, 2015 7:00 AM EDTHIGHLIGHTS:
First quarter adjusted diluted EPS from continuing operations increased 17.3 percent to $0.61 per share. Net sales increased 2.5 percent in the first quarter, excluding the impact of currency translation and divestitures. Gross profit as a percentage of net sales improved to 20.9 percent in the first quarter, compared to 19.3 percent in the prior first quarter. U.S. Packaging segment operating profit return on sales increased to 13.5 percent, compared to 12.4 percent in the prior first quarter. Global Packaging segment adjusted operating profit return... More