Horizon Global Reports Financial Results for Third Quarter 2018
Horizon Global Corporation Common Shares (HZN)
Last horizon global corporation common shares earnings: 3/16 06:30 am
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US:NYSE Investor Relations:
investors.horizonglobal.com
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Source: Business Wire
Updates Progress on Action Plan and Announces Additional Europe-Africa Initiatives Business Update Completed the Americas Action Plan Net sales of $227.8 million, down 5.1 percent Net sales declined 3.6 percent in constant currency(3) Non-cash goodwill impairment of $26.6 million in Europe-Africa segment Operating loss of $23.9 million, or 10.5 percent of sales Adjusted operating profit(1) of $10.3 million, or 4.5 percent of sales Third quarter diluted loss per share of $1.31 Third quarter adjusted diluted loss per share(2) of $0.01 Named Carl Bizon permanent President and Chief Executive Officer New leadership commences business improvement initiatives for Euro
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