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Reports 2Q adjusted EBITDA of $41 million, an increase of 7.5% from prior year.
August 14, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Veritiv Corporation announced financial results for the second fiscal quarter ended June 30, 2015. For the three months ended June 30, 2015, compared to the three months ended June 30, net sales were $2.2 billion, a decrease of 6.4% from the prior year. Adjusted EBITDA was $40.7 million, an increase of 7.5% from the prior year. Adjusted EBITDA as a percentage of net sales was 1.9%, an increase of 24 basis points from the prior year. Net income, as reported for the three months ended June...
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