Industry News

Multi-Color Announces Results for 3Q of Fiscal Year 2013

Reports 35 percent increase in 3Q adjusted EPS compared to prior year quarter

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Multi-Color Corporation announced a 35% increase in third quarter adjusted EPS compared to the prior year quarter after the first anniversary of the York acquisition. “The December quarter saw adjusted gross margin, as a percent of revenues, rebound with a 2% increase over the prior year quarter to 19%. The return to higher gross margin is now across a much larger revenue base and primarily reflects benefits of York acquisition synergies,” said Nigel Vinecombe, president and CEO o...

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