Libbey (LBY) Reports In-Line Q4 EPS, Offers FY Guidance
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Libbey Inc. Announces Fourth Quarter And Full-Year 2015 Financial Results
February 24, 2016 7:45 AM ESTTOLEDO, Ohio, Feb. 24, 2016 /PRNewswire/ --
Strong quarterly net sales growth of 7.2 percent (constant currency) in the foodservice channel helped limit an overall net sales decline of 0.9 percent (constant currency) Strong Adjusted Earnings Before Interest, Tax, Depreciation and Amortization (Adjusted EBITDA) margin in the quarter of 14.1 percent Full-year net sales increased 1.7 percent (constant currency) versus prior yearLibbey Inc. (NYSE MKT: LBY), one of the largest glass tableware manufacturers in the world, today reported results for the fourth quarter and full-year 2015. The... More
