Total Segment Operating Income Grew 8% to $1.15 Billion
Neenah Paper, Inc. (NYSE:NP) today reported a 30 percent increase in income from continuing operations in the third quarter of 2010. Earnings per diluted common share of $0.30 in the third quarter of 2010 compared to earnings of $0.23 per share in the third quarter of 2009. Net sales of $161.5 million in the third quarter of 2010 rose eight percent compared to the third quarter of 2009, while consolidated operating income of $11.7 million in the current quarter increased nine percent compared to $10.7 million in the third quarter of 2009.
Achieves Record Net Sales and Earnings
Edale, have today launched their new website at www.edale.com. The new website has been brought in as one of the last pieces of the rebranding puzzle to sit alongside all of the new collateral and logo that the company have recently introduced.
Results Continue to Meet or Exceed Expectations
— Adjusted EPS of $0.01 per share — Cash from Operating Activities of $10.3 million
Revenue trends continue to improve
