Ennis reports Q4 EPS 35c vs 35c last year

reports Q4 revenue $96.4M vs. 92.7M last year. Keith Walters, Chairman, CEO and President, commented, “Our performance for the quarter met our expectations. Current year acquisitions contributed $8.8M to quarterly sales, partially offset by lower organic volumes. Gross profit margin remained solid at 29.2% for the current quarter, compared to 29.5% in the prior year. EBITDA totaled $16.3M or 17.0% of sales, reflecting stable operating performance relative to $16.5M, or 17.8% of sales, in the same prior year quarter. We completed the integration of Northeastern Envelope Company, our largest acquisition this year, into our ERP systems, enhancing our ability to manage costs and pricing and supporting consistent margin performance. Current year acquisitions positively impacted diluted earnings per share by 5c for the quarter and 14c for the full year.”