Neenah Paper (NP) Tops Q1 EPS by 6c

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Neenah Paper Reports 2016 First Quarter Results

May 11, 2016 4:30 PM EDT

ALPHARETTA, Ga., May 11, 2016 /PRNewswire/ -- Neenah Paper, Inc. (NYSE: NP) today reported 2016 first quarter results. 

First Quarter Highlights

All-time record quarterly sales, operating income and adjusted earnings per share (E.P.S.), which included results from August 2015 acquisition of FiberMark. Revenue growth of 13 percent to $242.1 million. Operating income increase of 11 percent to $31.4 million (14 percent growth after excluding $1.1 million of adjusting items for integration and restructuring costs). Earnings per diluted share from continuing operations up 18 percent to $1.11 compared with $0.94 per share in 2015. Excluding 2016... More