Neenah Paper (NP) Misses Q4 EPS by 10c
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Neenah Reports Consecutive Record Quarterly Top Line Results
February 16, 2022 4:30 PM ESTContinued Strong Demand, with Full-year Revenues Near All-time High
ALPHARETTA, Ga.--(BUSINESS WIRE)-- Neenah, Inc. (NYSE: NP) today reported 2021 fourth quarter and full year results.
Fourth Quarter Highlights
Consolidated net sales of $264.3 million were 28 percent higher than the prior year, setting a new record for fourth quarter revenues. The revenue growth was attributable to organic volume gains in both segments, pricing actions and the effects of the Itasa acquisition. Fine Paper & Packaging pricing and other actions contributed to an adjusted EBIT... More