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Net sales of $311.2 million were up more than 17.8% versus the prior year quarter’s sales of $264.1 million.
October 26, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported third quarter net sales of $311.2 million, representing an increase of 17.8% versus $264.1 million in the prior year’s third quarter. Net income was $51.7 million, an increase of 34.6% versus $38.4 million in net income in the previous year’s quarter. The third quarter diluted earnings per share were $1.16. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $90.7 million were up 24.8% versus third quarter 2017 adjusted EBITDA of $7...
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