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Net sales of $235.2 million were up about 8% versus the prior year quarter’s sales of $218.5 million.
May 4, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported first quarter net sales of $235.2 million, representing an increase of 7.6% versus $218.5 million in the prior year’s first quarter. Net income was $35.8 million, an increase of 55.7% versus $23.0 million in net income in the previous year’s quarter. The first quarter diluted earnings per share were $0.72. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $67.1 million were up 33.7% versus first quarter 2017 adjusted EBITDA of $...
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