UBS Reiterates Buy on Ashland (ASH) Following Mixed 1Q Results

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Ashland Inc. reports preliminary financial results for first quarter of fiscal 2016

January 25, 2016 5:17 PM EST

                                                       
January 25, 2016       

Ashland Inc. reports preliminary financial results for first quarter of fiscal 2016

Earnings from continuing operations equal $1.38 per diluted share Adjusted earnings from continuing operations were $1.41 per diluted share Adjusted EBITDA equals $247 million; adjusted EBITDA margin rises 240 basis points to 21.2 percent

             
COVINGTON, Ky. - Ashland Inc. (NYSE: ASH), a global leader in differentiated specialty chemicals and, through Valvoline, a premium consumer-branded lubricant supplier, today announced preliminary(1) financial results for the fiscal first quarter ended December 31, 2015.

Quarterly Highlights

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