27 July 2015
VIEW POLYONE FULL INVESTOR PRESENTATION
DETAILS
today reported its second quarter results for 2015.
- Delivers quarterly double-digit EPS expansion of 12%
to a record $0.57;
GAAP EPS increases to $0.74, up from $0.33
in the prior year second quarter
- Achieves 23rd consecutive quarter of adjusted EPS growth
driven by established specialty businesses Color,
Additives and Inks and Specialty Engineered Materials
- Color, Additives and Inks delivers
record operating margin of 18.2%, driving
consolidated PolyOne margin to an all-time high of 10.4%
- Designed Structures and Solutions benefits
from restructuring actions and shows
sequential profitability improvement from the first quarter
Robert M. Patterson
President and Chief Executive Officer
Polyone Corporation
"I am very pleased to report we delivered
double-digit adjusted earnings expansion of 12%
for the second quarter and our 23rd consecutive quarter of EPS growth,"
"We were able to achieve this strong performance
in the second quarter despite a weaker Euro,
which reduced EPS by USD 0.02 per share versus the prior year."
"Profitability expansion continues to be
at the heart of our specialty transformation,
and this quarter was no exception.
Our Color, Additives and Inks business
led the way with its highest level of quarterly operating income
in segment history, and posting a record return on sales of 18.2%."
"Specialty Engineered Materials, Performance Products and
Solutions and Distribution also posted impressive profitability gains.
On a consolidated basis,
our operating margin surpassed 10%
for the first time in our company's history."
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