Milacron Holdings Corp. (MCRN) Tops Q4 EPS by 11c

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Milacron Holdings Corp. Reports Full Year & Fourth Quarter 2018 Results

February 21, 2019 7:00 AM EST

Milacron closes 2018 with strong cash flow and concludes its multi-year restructuring initiative

Full Year 2018:

Sales of $1,258.2 million increased 1.9% on an as-reported basis, increased 1.2% on a constant currency basis and increased 4.8% on a pro forma basis Orders of $1,211.2 million decreased 6.8% on an as-reported basis, decreased 7.6% on a constant currency basis and decreased 3.7% on a pro forma basis Operating earnings (GAAP) increased 19.6% to $106.6 million; Adjusted EBITDA (non-GAAP) increased 0.6% to $228.6 million, or 18.2% of sales Diluted EPS (GAAP) of $0.58; Diluted adjusted EPS (non-GAAP) of $1.78... More