Neenah Paper (NP) Misses Q3 EPS by 2c

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Go back to Neenah Paper (NP) Misses Q3 EPS by 2c

Neenah Announces Third Quarter 2015 Results

November 4, 2015 4:55 PM EST

ALPHARETTA, Ga., Nov. 4, 2015 /PRNewswire/ -- Neenah Paper, Inc. (NYSE: NP) today reported 2015 third quarter results. 

Third Quarter Highlights

Net sales of $231.6 million increased 8 percent from the prior year as an 11 percent boost in sales from the FiberMark acquisition and modest growth in existing businesses more than offset a 4 percent decrease due to changes in foreign currency rates. Operating income grew 12 percent and, after excluding acquisition and restructuring costs in both periods, adjusted operating income increased 21 percent with higher organic and acquisition volume,... More