Reuters logo
BRIEF-Versum Materials expects FY2017 sales of about $990 mln- $1.05 bln
December 1, 2016 / 12:20 PM / a year ago

BRIEF-Versum Materials expects FY2017 sales of about $990 mln- $1.05 bln

Dec 1 (Reuters) - Versum Materials Inc:

* Versum Materials reports strong fourth quarter and full fiscal year 2016 financial results and initiates fiscal year 2017 financial outlook

* Q4 sales $248.4 million versus I/B/E/S view $238.7 million

* Sees fy2017 sales $990 million to $1.05 billion

* Says capital expenditures are expected to be in range of $75 million to $85 million for fy2017

* Versum Materials Inc - net income of $45 million for Q4, up 5% over prior year quarter

* Versum Materials Inc - sees adjusted EBITDA of $330 - $350 million, for fiscal year 2017, up 1% to 7% versus fiscal year 2016

* Fy2017 revenue view $999.7 million -- Thomson Reuters I/B/E/S

* Versum Materials Inc - capital expenditures are expected to be in range of $75 to $85 million for fiscal year 2017 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below