$SHLM (A. Schulman, Inc.)

$SHLM {{ '2016-06-29T15:46:25+0000' | timeago}} • Webcast

During 3Q16, $SHLM said that it saw costs of $1.8MM related to the Lucent remediation matter, including $1.1MM of recurring production and material costs down from 2Q16 and $0.7MM of other costs, including settlement of claims and dedicated internal personnel costs, and the reduction in inventory value.

$SHLM {{ '2018-01-08T21:46:36+0000' | timeago}} • Announcement

For FY18, $SHLM expects adjusted diluted EPS to be between $2.00-2.20. Adjusted EBITDA is expected to be in the range of $220-230MM.

$SHLM {{ '2018-01-08T21:43:17+0000' | timeago}} • Announcement

$SHLM reported net income of $12.8MM or $0.43 per share in 1Q18 compared to $1.1MM or $0.04 per share in 1Q17. Adjusted net income was $16.2MM or $0.55 per share. Consolidated net sales were $674.6MM, an increase of 12.4% from last year.

$SHLM {{ '2017-09-08T12:55:50+0000' | timeago}} • Announcement

$SHLM appointed Allen Spizzo and Carol Eicher to its BoD with immediate effect. Spizzo will be on the Audit, Finance, and Nominating and Corporate Governance Committees, and Eicher on the Compensation, Audit and Executive Committees. It also appointed William Joyce as senior advisor to BoD.

$SHLM {{ '2017-06-30T12:24:31+0000' | timeago}} • Webcast

Looking at improving trends, $SHLM sees really pretty good buying across the globe, despite seeing some slowdown in China, particularly in its masterbatch business in China that goes into the packaging industry. The company is offsetting slowdown in China by exporting out into Southeast Asia where it still has pretty significant demand.

$SHLM {{ '2017-06-30T11:59:40+0000' | timeago}} • Webcast

$SHLM said it is actively pursuing additional sources of recycled materials for meeting increased customer demand needs. $SHLM believes it to be in a position to capitalize on more opportunities and build this region to its appropriate position, and thus provide the geographic balance, which was one of the main reasons for the Citadel acquisition.

$SHLM {{ '2017-06-30T11:50:40+0000' | timeago}} • Webcast

$SHLM's gross profit, excluding items, for 3Q17 declined 13% to $99MM from last year. This was almost solely due to the lower volume and higher plant costs, stemming from the complex consolidation efforts at its Evansville facility in US and Canada as well as shortfalls of sales in EMEA in April.

$SHLM {{ '2017-06-28T21:24:38+0000' | timeago}} • Announcement

$SHLM reaffirmed its sales outlook for fiscal 2017 between $2.5Bil and $2.6Bil, excluding the impact of a potential currency translation. The company continues to expect full-year adjusted earnings to be in the range of $2.08-2.18 per share and adjusted EBITDA in the $225-230MM range. A. Schulman also forecasts a stronger performance in 4Q17.

$SHLM {{ '2017-06-28T20:40:35+0000' | timeago}} • Announcement

$SHLM reported a decline in 3Q17 net income to $13.9MM or $0.47 per share from $15.52MM or $0.53 per share a year earlier. Adjusted earnings dropped to $0.63 per share from $0.79 per share in 3Q16, while sales declined to $645.8MM from $650.44MM. The company forecasts if the dollar stayed unchanged, it would impact the 4Q17 earnings by two cents.

$SHLM {{ '2017-06-27T13:08:29+0000' | timeago}} • Announcement

$SHLM will retain executive search firm in a search for a successor candidate to current Chairman, President and CEO Joseph Gingo. The plan calls for Gingo to step down from CEO position at end of his current, 2-year contract in August 2018. Gingo will remain as its executive chairman when a successor is named to ensure a seamless transition.

$SHLM {{ '2017-06-27T13:06:16+0000' | timeago}} • Announcement

$SHLM said it will retain an executive search firm to assist the BoD and its Nominating and Governance Committee in a search for a successor candidate to current Chairman, President and CEO Joseph Gingo. The plan calls for Gingo to step down from his CEO position at the end of his current, two-year contract in August 2018.

$SHLM {{ '2017-04-05T15:14:47+0000' | timeago}} • Webcast

$SHLM expects its capacity utilization for 2017 to be in the 60% range compared to prior year's 69%, reflecting the ongoing plant closures in US and Canada.

$SHLM {{ '2017-04-05T14:22:45+0000' | timeago}} • Webcast

$SHLM said its plan to close two plants in EMEA and US/Canada is moving along with no issues. The company expects annual savings of approx. $1.5MM from these closures, beginning in late fiscal 2017.

$SHLM {{ '2017-04-04T21:27:45+0000' | timeago}} • Announcement

For FY17, $SHLM expects $2.5-2.6Bil in sales. Adjusted EBITDA is expected to be $225-230MM and  ROIC is expected to be 11-12.5%. Adjusted diluted EPS is expected to be $2.08-2.18.

$SHLM {{ '2017-04-04T21:22:35+0000' | timeago}} • Announcement

$SHLM reported a net income  of $3.2MM or $0.11 per share in 2Q17 compared to a net loss of $0.3MM or $0.01 per share in 2Q16. Adjusted net income was $9.3MM or $0.31 per share in 2Q17. Consolidated net sales were $568.7MM in 2Q17 compared with $591.8MM in 2Q16.

$SHLM {{ '2017-03-30T11:43:44+0000' | timeago}} • Announcement

$SHLM BoD announced a regular quarterly cash dividend of $0.205 per common share. The dividend is payable May 1, 2017, to shareholders of record on April 14, 2017. Additionally, $SHLM declared a cash dividend of $15 per share on the 125,000 shares of its convertible special stock, payable on May 1, 2017, to shareholders of record on April 15, 2017.

$SHLM {{ '2017-03-21T20:50:22+0000' | timeago}} • Announcement

$SHLM said it will increase its production capacity for color masterbatches in Europe. The company has manufacturing plants for color masterbatches across strategic countries in Europe. Due to increased market demand, $SHLM will add three additional extruders in their facilities in Hungary, Italy and Poland.

$SHLM {{ '2017-01-31T17:44:32+0000' | timeago}} • Announcement

$SHLM appointed Stacey Marsh as its operational sales director. Marsh will manage the support resources that are critical to enhancing the customer experience, while driving sales force productivity and growth around the world. This includes the sales process optimization, sales program implementation, and customer segmentation, among other things.

$SHLM {{ '2017-01-10T16:12:54+0000' | timeago}} • Webcast

$SHLM stated that on the cadence of earnings going forward, the seasonality affects the business of the company as usual. The company also believes that the initiatives taken related to the hiring of a new Commercial Officer and the restructuring done to simplify the business would give the path forward and see incremental progress throughout 2017.

$SHLM {{ '2017-01-10T15:33:24+0000' | timeago}} • Webcast

$SHLM's Custom Concentrates and Services segment revenue declined 6.7% YoverY in 1Q17 to $276MM and Performance Materials revenue also plunged 10.6% to $270MM. Engineered Composites segment revenue on the other hand grew 5% YoverY to $55MM in 1Q17.

$SHLM {{ '2017-01-10T15:22:01+0000' | timeago}} • Webcast

$SHLM said it expects to expand its sales force by approx. 10%, which would include expansion in the sales and sales support personnel. The company also added that it's going to hire a Director of Sales Operation, supporting the growth efforts across the company's global footprint.

Recent Transcripts

SHLM (A. Schulman, Inc.)
Tuesday, January 9 2018 - 3:00pm
MON (Monsanto Company)
Thursday, January 4 2018 - 2:30pm
TROX (Tronox Limited)
Thursday, November 9 2017 - 1:30pm
SEE (Sealed Air Corporation)
Wednesday, November 8 2017 - 3:00pm
WLK (Westlake Chemical Corp.)
Tuesday, November 7 2017 - 4:00pm
ASH (Ashland Inc.)
Tuesday, November 7 2017 - 2:00pm
MUX (McEwen Mining Inc.)
Friday, November 3 2017 - 3:00pm
TSE (Trinseo SA)
Friday, November 3 2017 - 2:00pm
UNVR (Univar Inc.)
Friday, November 3 2017 - 1:00pm
ROG (Rogers Corporation)
Thursday, November 2 2017 - 9:00pm
VGZ (Vista Gold Corp.)
Thursday, November 2 2017 - 8:30pm
MLM (Martin Marietta Materials, Inc.)
Thursday, November 2 2017 - 3:00pm
SAND (Sandstorm Gold Ltd.)
Thursday, November 2 2017 - 3:00pm
RYAM (Rayonier Advanced Materials Inc.)
Thursday, November 2 2017 - 3:00pm
TGB (Taseko Mines Ltd.)
Friday, October 27 2017 - 3:00pm
HUN (Huntsman Corporation)
Friday, October 27 2017 - 2:00pm
KWR (Quaker Chemical Corporation)
Friday, October 27 2017 - 12:30pm
SHLM (A. Schulman, Inc.)
Thursday, October 26 2017 - 1:00pm
KRA (Kraton Performance Polymers Inc.)
Wednesday, October 25 2017 - 1:00pm
GRA (W.R. Grace & Co.)
Wednesday, October 25 2017 - 1:00pm

AlphaGraphics you may like