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Full year net sales of $1.293 billion were up 14.1% versus the prior year’s sales of $1.134 billion.
February 5, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ingevity Corporation reported fourth quarter net sales of $303.4 million, representing an increase of 8.9% versus $278.6 million in the prior year’s fourth quarter. Net income of $44.3 million increased 5.2% versus $42.1 million in the previous year’s quarter. Ingevity’s fourth quarter net income margin of 14.6% was down 50 basis points versus the prior year quarter. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $91.1 million were up 24.3% versus fourth qua...
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