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Net sales of $308.6 million were up more than 18% versus the prior year quarter’s sales of $260.3 million.
July 27, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported second quarter net sales of $308.6 million, representing an increase of 18.6% versus $260.3 million in the prior year’s second quarter. Net income was $52.2 million, an increase of 45.8% versus $35.8 million in net income in the previous year’s quarter. The second quarter diluted earnings per share were $1.10. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $89.4 million were up 33.0% versus second quarter 2017 adjusted EBITDA...
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