DXP Enterprises (DXPE) Tops Q4 EPS by 11c
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DXP Enterprises Announces 2015 Fourth Quarter and Fiscal Year 2015 Results
February 26, 2016 7:00 AM ESTFiscal year 2015 sales of $1.2 billion Earnings Before Impairments, Interest, Taxes, Depreciation, and Amortization (Adjusted EBITDA) of $74.0 million, or 5.9 percent of sales. Excluding unusual and special charges, Adjusted EBITDA was $81.3 million, or 6.5 percent Recorded $77.0 million in impairment and charges related to B27 and the ITT Goulds separation Free cash flow of $84.0 million, excluding unusual cash outflows, free cash flow for fiscal 2015 was $96.3 million Completed two acquisitions in fiscal 2015 including Tool Supply and Cortech Engineering
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