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Fiscal 2019.pdf

120v2019-annual-report.pdf
Preview of Fiscal 2019
🔗 Source: richardspackaging.com
📊 Size: 962 KB
👤 Author: edigennaro
⬇️ Downloads: 167

Summary

Richards Packaging Income Fund's 2019 annual report highlights a 5.1% revenue growth, with organic growth at 2.6% and currency translation adding 2.5%. Adjusted EBITDA increased by $2.1 million to 14.4% of sales. Net income decreased by $2.4 million due to a higher loss on mark-to-market of exchangeable shares. The fourth quarter saw a 2.8% revenue decrease, mainly due to lost large accounts and pre-buying ahead of tariffs. The company enters 2020 with $8.0 million in cash on hand and aims to grow revenue by 2-5% if economic recovery continues.

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Description

Richards Packaging Income Fund's 2019 annual report highlights a 5.1% revenue growth, with organic growth at 2.6% and currency translation adding 2.5%.

Technical Information

  • File Format: PDF
  • File Size: 962 KB
  • Pages: 43
  • Language: EN
  • Author: edigennaro
  • Total Downloads: 167
  • Last Updated: 1 week ago

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