Credit Suisse Downgrades Multi Packaging Solutions (MPSX) to Neutral

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Go back to Credit Suisse Downgrades Multi Packaging Solutions (MPSX) to Neutral

Multi Packaging Solutions Announces Fourth Quarter Results

August 22, 2016 4:01 PM EDT

Strong cash flow provides for additional repayment of $20 million of debt in quarter

NEW YORK--(BUSINESS WIRE)-- Multi Packaging Solutions International Limited (NYSE: MPSX), (MPS or the Company), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, today announced results for 4Q and Fiscal Year 2016.

4Q FY 2016 vs 4Q FY 2015:

GAAP sales of $373.8 million vs $402.5 million Negative foreign exchange impact of $6.0 million GAAP operating income of $10.3 million vs $9.5 million... More