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Lydall Inc (LDL.N)

LDL.N on New York Stock Exchange

53.05USD
27 Apr 2017
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Latest Key Developments (Source: Significant Developments)

LYDALL REPORTS Q4 ADJUSTED EARNINGS PER SHARE $0.52
Wednesday, 22 Feb 2017 04:30pm EST 

Lydall Inc : LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2016 . Q4 ADJUSTED EARNINGS PER SHARE $0.52 . Q4 EARNINGS PER SHARE $0.26 . Q4 REVENUE $144.2 MILLION VERSUS I/B/E/S VIEW $148.2 MILLION .Q4 EARNINGS PER SHARE VIEW $0.68 -- THOMSON REUTERS I/B/E/S.  Full Article

Lydall to record about $3.5 mln expense in quarter ending Dec 31
Monday, 12 Dec 2016 08:29am EST 

Lydall Inc : Agreed with german cartel office to pay one-time amount of approximately euro 3.3 million to definitively conclude this matter . Lydall inc - anticipates entering into a formal settlement agreement with german cartel office in early 2017 .Lydall inc - will record expense of about $3.5 million during quarter ending dec 31, expects to make 1-time payment in quarter ending march 31, 2017-sec filing.  Full Article

Lydall announces financial results for the Q2 ended June 30, 2016
Tuesday, 2 Aug 2016 04:30pm EDT 

Lydall Inc : Q2 earnings per share $0.63 . Q2 adjusted earnings per share $0.70 . Lydall announces financial results for the second quarter ended June 30, 2016 . Q2 sales rose 2 percent to $137.2 million ."looking to balance of Q3, orders in our automotive segments remain strong".  Full Article

Lydall acquires Texel for about $96 mln
Friday, 8 Jul 2016 06:00am EDT 

Lydall Inc : Lydall acquires Texel, a leader in innovative technical materials . Lydall Inc says deal valued at approximately $96 million . Acquisition is expected to be accretive to cash flow from operating activities within 12 months . About $1 million of additional non-recurring transaction and integration expenses related to acquisition will be incurred over second half 2016 . Expects to generate estimated annual cost savings of approximately $2 million . Acquisition is expected to be accretive to Lydall's earnings, net of effect of purchase accounting . Lydall's financial results for Q2 2016 will include less than $2 million of expenses related to strategic initiatives .Acquisition was financed through a combination of cash on hand and $85 million of borrowings.  Full Article

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BRIEF-LYDALL REPORTS Q4 ADJUSTED EARNINGS PER SHARE $0.52

* LYDALL ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2016