The company completed two strategic acquisitions during the quarter and continues to pursue other opportunities.
Statutory profit for the half-year was $286.6 million.
Declared a regular quarterly cash dividend of $0.44 per share.
Manroland Sheetfed, acquired five years ago, has now returned the group’s initial investment in full.
Net sales for 2016 were $4.78 billion, down 3.7% from $4.96 billion in 2015.
For the year ended Dec. 31, 2016, reported EPS from continuing operations were $2.74 compared to $2.32 per share last year.
Approved a 3.4% increase in the quarterly cash dividend, increasing it to 30 cents per share.
Operating result (EBITDA) improves to €49 million.
EBITDA of €1,236 million is a new record for the group.
Full-year net sales increased to $4,298.1 million versus $4,160.2 million in the prior year.
Operating EBITDA was a record for any December quarter in the company’s history at $277 million.
Cash from operations $930 million; adjusted free cash flow $479 million.
Full year net sales were $6.7 billion, up $546 million from 2015, and adjusted free cash flow was $429 million, up 23%.
Company reports $6,086.5 million in sales for 2016, up 2%, with free cash flow of $387.1 million.
Total revenue from continuing operations of $2.7 billion, cash flow of $462 million.
Full year 2016 net sales were $5.78 billion, with earnings of $450 million for the full year.
Declared a first quarter common stock dividend of 38 cents per share.
Will leverage DIC’s proprietary technologies into markets Taiyo Holdings operates in, including PWBs, printed electronics.
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