Bemis (BMS) Tops Q3 EPS by 1c
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Bemis Company Reports 2015 Third Quarter Results with Strong Margin Improvement, Return on Invested Capital, and Cash Flow
October 22, 2015 6:45 AM EDTHIGHLIGHTS:
Third quarter adjusted diluted EPS from continuing operations increased to $0.67 per share, up 9.8 percent compared to the prior third quarter. Gross profit margins improved 170 basis points to 21.8 percent of net sales in the third quarter, compared to 20.1 percent in the prior third quarter. U.S. Packaging segment operating profit return on sales increased to 14.5 percent, compared to 13.3 percent in the prior third quarter. Global Packaging segment adjusted operating profit return on sales increased to 9.7 percent, compared to 8.6 percent in the prior third quarter.... More