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Net sales of $359.9 million were up 15.6% versus the prior year quarter’s sales of $311.2 million.
October 24, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported third quarter 2019 results. Net sales were $359.9 million, representing an increase of 15.6% versus $311.2 million in the prior year’s third quarter. Net income of $59.9 million increased 15.9% versus $51.7 million in the previous year’s quarter. Adjusted earnings of $62.2 million were up 26.2% versus prior year quar-ter of $49.3 million. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $114.0 million were up 25.7% versus third ...
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