Multi Packaging Solutions Announces Record Second Quarter Results

Multi Packaging Solutions Announces Record Second Quarter Results
Multi Packaging Solutions Announces Record Second Quarter Results

Marc Shore, Chief Executive Officer, commented, “We are pleased to have achieved record adjusted EBITDA and adjusted EBITDA margins despite the challenging global economy and the negative effects of foreign exchange. Our financial results continue to improve as we execute our global strategy. MPS continues to make significant improvement in operating efficiencies. We are also gaining traction in supplying our customers with a wide variety of products to meet their comprehensive needs on both a regional and global basis. Adjusted EBITDA for the trailing twelve months ending December 31, 2015 was $259.2 million. Due to continued strong cash generation, our pro forma leverage has dropped to 3.49x.”

 

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Source: www.ir.multipkg.com