Tennant Co. (TNC) Tops Q4 EPS by 9c

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Tennant Company Reports 2016 Fourth Quarter and Full Year Results

February 23, 2017 8:50 AM EST

Fourth quarter net sales of $211.7 million, up 2.9 percent, and diluted EPS of $0.85;

Fourth quarter organic net sales rose 3.2 percent;

Company to accelerate growth and build scale with IPC Group acquisition;

Announces 2017 first quarter restructuring to support key strategic initiatives and lower costs;

Company provides 2017 full year net sales and earnings outlook

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions that... More