Lydall (LDL) Tops Q1 EPS by 3c

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Lydall Announces Financial Results for the First Quarter Ended March 31, 2016

May 3, 2016 4:31 PM EDT

EPS of $0.54, up 29% from adjusted Q1 2015Organic sales growth of 2.9%Gross Margin of 25.0%, up 340 basis points from adjusted Q1 2015Operating margin of 10.5%, up 260 basis points from adjusted Q1 2015

MANCHESTER, Conn., May 03, 2016 (GLOBE NEWSWIRE) -- LYDALL, INC. (NYSE: LDL) today announced financial results for the first quarter ended March 31, 2016.

Net sales in the first quarter of 2016 increased 1.9% to $129.7 million, compared to $127.3 million in the first quarter of 2015, including unfavorable foreign currency translation of $1.3 million, or 1.0%.  Net income in the first quarter of... More