Neenah Paper (NP) Tops Q1 EPS by 8c

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Neenah Paper Reports 2015 First Quarter Results

May 6, 2015 4:15 PM EDT

ALPHARETTA, Ga., May 6, 2015 /PRNewswire/ -- Neenah Paper, Inc. (NYSE: NP) today reported 2015 first quarter results. 

First Quarter Highlights

Record operating income and adjusted earnings per share, driven by double-digit earnings growth in both segments.   Consolidated sales increase 1 percent (8 percent on a constant currency basis). Earnings per diluted share of $0.95 up 20 percent compared with adjusted earnings per share of $0.79 in 2014. Prior year adjusted E.P.S. excluded $0.01 for restructuring costs.     Initial dividend paid at the previously announced increased quarterly rate of $0.30 per... More