Neenah Paper (NP) Tops Q2 EPS by 4c
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Neenah Reports Record Results in 2015 Second Quarter
August 5, 2015 4:30 PM EDTALPHARETTA, Ga., Aug. 5, 2015 /PRNewswire/ --
Second Quarter Highlights
Record earnings per diluted share of $0.97 increased 8 percent compared with adjusted earnings per share of $0.90 in 2014. Adjusted E.P.S. in 2014 excluded $0.02 for acquisition and restructuring costs. Record operating income of $27.9 million, up 5 percent from prior year adjusted operating income of $26.6 million. Adjusted operating income in 2014 excluded $700,000 of acquisition and restructuring costs. Consolidated sales of $224 million, down 3 percent but up 4 percent on a constant currency basis. Organic and acquisition-driven growth in Technical Products offset by translation impact from... More