PQ Group Holdings Reports Record Fourth Quarter, 2017 Year End Results, and Guidance for 2018
PQ Group Holdings, Inc (PQG)
Last pq group holdings, inc earnings: 2/20 06:15 am
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US:NYSE Investor Relations:
investor.pqcorp.com
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Source: Business Wire
Sales for the fourth quarter of $358 million up ~11%; sales for the full year of $1,472 million up ~5% from 2016 pro forma1 sales; Net Income of $65 million for the quarter and $58 million for the full year; Adjusted EBITDA for the fourth quarter of $109 million up ~10%; Adjusted EBITDA for the year of $453 million up ~8% from 2016 pro forma1 Adjusted EBITDA; Completed and integrated Sovitec acquisition; and Providing 2018 outlook; Sales of $1,545 million to $1,575 million and Adjusted EBITDA of $470 million to $490 million; Free Cash Flow of $120 million to $140 million MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE:PQG) (“PQ” or the “Company”), reported sales of $358.1 million for the fourth quarter of 2017, a 10.9% increase from the fourth quarter of 2016. Net income for the fourth quarter was $
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