Nomura Securities Upgrades Platform Specialty Products (PAH) to Buy; Deep Discount and Return to Growth

Go back to Nomura Securities Upgrades Platform Specialty Products (PAH) to Buy; Deep Discount and Return to Growth

Platform Specialty Products Corporation Announces Third Quarter of 2016 Financial Results

November 4, 2016 7:00 AM EDT

Net sales of $891 million, an increase of 49.1% Organic sales* increase of 3.0%Reported net income attributable to common stockholders of $105 millionGAAP basic EPS of $0.45 or ($0.15) fully dilutedAdjusted EPS* of $0.14, an increase of $0.03 Adjusted EBITDA* of $190 million, an increase of 67.3%Improved full year adjusted EBITDA* guidance to range of $750 million to $765 million

WEST PALM BEACH, Fla., Nov. 04, 2016 (GLOBE NEWSWIRE) -- Platform Specialty Products Corporation (NYSE: PAH) (Platform or the Company), a global, diversified specialty chemicals company,... More