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Net sales of $352.8 million were up 14.3% versus the prior year quarter’s sales of $308.6 million.
July 26, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported second quarter net sales of $352.8 million, representing an increase of 14.3% versus $308.6 million in the prior year’s second quarter. Net income of $56.8 million, increased 8.8% versus $52.2 million in the previous year’s quarter. Ingevity’s second quarter net income margin was 16.1% versus 16.9% in the second quarter of 2018. The second quarter diluted earnings per share were $1.34 compared to $1.10 in the prior year period. Adjusted earnings of $57.5 million w...
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