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Notes net sales of $238 million or 11% improvement year over year, with adjusted EBITDA of $8.2 million for the quarter.
May 28, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Coveris Holdings S.A. reported net sales from continuing operations of $238 million for its first quarter of 2018. These sales are compared to $214 million for the first quarter of 2017, or an 11% increase. Currency was the primary driver of the improvement year over year. Adjusted EBITDA from continuing operations for the quarter was $8.2 million, compared to $5.7 million for the same period in the prior year. The significant improvement was driven by currency and lower corporate expenses. ...
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