Industry News, Printers News

Multi Packaging Solutions Announces 4Q 2016 Results

Strong cash flow provides for additional repayment of $20 million of debt in quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Multi Packaging Solutions International Limited (MPS), a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, announced results for 4Q and fiscal year 2016.   GAAP net sales for 4Q FY 2016 and fiscal year 2016 were $373.8 million and $1,661.4 million vs. net sales for 4Q FY 2015 and fiscal year 2015 of $402.5 million and $1,617.6 million. 4Q FY 2016 and fiscal year 2016 include negative foreign exchange effects of $6.0 millio...

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