Printer Friendly

MULTI-COLOR CORPORATION REPORTS FISCAL YEAR 1992 RESULTS

 MULTI-COLOR CORPORATION REPORTS FISCAL YEAR 1992 RESULTS
 CINCINNATI, May 19 /PRNewswire/ -- Multi-Color Corporation (NASDAQ: LABL) today reported results for its fourth quarter and fiscal year ended March 29, 1992.
 Net sales for fiscal 1992 were $65,334,000, an increase of $1,199,000 (2 percent) from fiscal 1991 sales. Net income for fiscal 1992 was $78,000 compared to a ($317,000) loss in fiscal 1991. Earnings per share were $.03 in fiscal 1992 compared to a loss of ($.14) for fiscal 1991.
 For the fourth quarter of fiscal 1992, net sales totaled $17,887,000, up 12 percent from $15,998,000 in the year-earlier period. Net income for the quarter was $380,000, an 89 percent increase from the same prior year period's $201,000. Earnings per share increased to $.17 for the third quarter from $.09 in the same prior year period.
 Multi-Color ended the year in a very good position to return to renewed sales growth and consistent profitability. The major expansion started almost three years ago is complete and the new products and technologies should bear fruit in improved results over the coming quarters.
 Multi-Color Corporation is one of the largest manufacturers of printed labels for branded consumer products in the United States. The company's shares are traded over the counter under the National Market System's symbol LABL.
 MULTI-COLOR CORPORATION
 Financial Highlights
 (Thousands except per share amounts)
 Thirteen Weeks Ended
 3/29/92 3/31/91
 Net Sales $17,887,000 $15,998,000
 Net Income (Loss) 380,000 201,000
 Net Income (Loss) Per Share .17 .09
 Average Shares 2,229,000 2,193,000
 Fiscal Year Ended
 3/29/92 3/31/91
 Net Sales $65,334,000 $64,135,000
 Net Income (Loss) 78,000 (317,000)
 Net Income (Loss) Per Share .03 (.14)
 Average Shares 2,229,000 2,193,000
 -0- 5/19/92
 /CONTACT: John D. Littlehale, treasurer of Multi-Color Corporation, 513-321-5381/
 (LABL) CO: Multi-Color Corporation ST: Ohio IN: SU: ERN


KK -- CL012 -- 1972 05/19/92 15:35 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 19, 1992
Words:342
Previous Article:DELMARVA POWER TO GIVE AWAY REFRIGERATOR KITS
Next Article:PENNDOT HOSTS CHINESE HIGHWAY OFFICIALS
Topics:


Related Articles
MULTI-COLOR REPORTS THIRD QUARTER EARNINGS
FIRST QUARTER MARKS CONTINUED PROFIT IMPROVEMENT FOR MULTI-COLOR
GAYLORD REPORTS LOSS FOR FISCAL 1992
MULTI-COLOR REPORTS NINE MONTH 1993 RESULTS
MULTI-COLOR REPORTS SIGNIFICANTLY IMPROVED 1993 EARNINGS
MULTI-COLOR REPORTS FIRST QUARTER 1994 RESULTS
MULTI-COLOR REPORTS FIRST QUARTER 1995 RESULTS
Multi-Color Doubles Earnings in Third Quarter: Earnings Up 42 Percent for Nine Months
Multi-Color Completes Consolidation of Roto Printing
Multi-Color Reports 1997 Earnings

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters