Raven Industries (RAVN) Reports In-Line Q2 EPS
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Raven Industries Reports Second Quarter Fiscal 2018 Results
August 23, 2017 4:35 PM EDTSIOUX FALLS, S.D., Aug. 23, 2017 (GLOBE NEWSWIRE) -- Raven Industries, Inc. (NASDAQ: RAVN) today reported financial results for the second quarter that ended July 31, 2017.
Noteworthy Items:
Consolidated net sales and operating income increased approximately 28 percent and 75 percent year-over-year, respectively, with all divisions achieving strong results;Engineered Films sales increased 33.8% and division operating income increased 43.4%, driven by strong growth in the Geomembrane and Industrial markets;Recently announced acquisition of Colorado Lining International, Inc. (CLI) positions Engineered Films for expanded vertical integration... More