Veritiv (VRTV) Misses Q4 EPS by 35c, Revenues MIss
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Veritiv Announces Fourth Quarter and Full Year 2018 Financial Results
February 28, 2019 8:02 AM ESTATLANTA, Feb. 28, 2019 /PRNewswire/ -- Veritiv Corporation (NYSE: VRTV), a North American leader in business-to-business distribution solutions, today announced financial results for the fourth quarter and full year ended December 31, 2018.
"We achieved our Adjusted EBITDA guidance for the year, but fell short on free cash flow due to the complexity of the integration," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "During 2018 we delivered top line growth and substantially completed our multi-year integration and, for 2019, believe we are well-positioned for an improvement in earnings and an acceleration of free cash... More
