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OMNOVA Solutions Inc (OMN.N)

OMN.N on New York Stock Exchange

8.60USD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$8.60
Open
$8.55
Day's High
$8.65
Day's Low
$8.55
Volume
21,229
Avg. Vol
35,387
52-wk High
$10.40
52-wk Low
$5.91

Latest Key Developments (Source: Significant Developments)

Omnova Solutions Q1 adjusted earnings per share $0.05
Wednesday, 29 Mar 2017 07:30am EDT 

Omnova Solutions Inc : Omnova Solutions continues year-over-year earnings growth in 2017 first quarter . Q1 adjusted earnings per share $0.05 . Q1 earnings per share $0.08 . Q1 earnings per share view $0.05 -- Thomson Reuters I/B/E/S . Says net sales for q1 were $174.6 million, about even with last year's $175.3 million ."Expects adjusted diluted earnings per share growth in fiscal 2017".  Full Article

Omnova Solutions reports Q4 loss per share of $0.25
Wednesday, 1 Feb 2017 07:30am EST 

Omnova Solutions Inc : Omnova Solutions continues year-over-year earnings growth and cash generation in 2016 fourth quarter . Q4 adjusted earnings per share $0.14 . Q4 loss per share $0.25 . Q4 sales $187 million .Q4 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.  Full Article

Omnova announces departure of President, engineered surfaces
Thursday, 26 Jan 2017 04:38pm EST 

Omnova Solutions Inc :Omnova Solutions Inc - informed David Maynard that position of president, engineered surfaces is being eliminated.  Full Article

Omnova solutions says entered into third amended and restated credit agreement-SEC Filing
Friday, 2 Dec 2016 04:15pm EST 

Omnova Solutions Inc : Omnova solutions inc - on november 30, 2016, co entered into a third amended and restated credit agreement-sec filing .Omnova solutions -may request an increase in additional borrowing availability of $50.0 million under agreement upon satisfaction of certain requirements.  Full Article

Omnova Solutions sees $14 mln to $17 mln in expected annual operating savings
Thursday, 6 Oct 2016 09:00am EDT 

Omnova Solutions Inc :Sees $14 million to $17 million in expected annual operating savings in 2017 from restructuring activities - SEC filing.  Full Article

Omnova's qrtly profit misses estimates, sales fall 7.3 pct
Thursday, 22 Sep 2016 07:30am EDT 

Omnova Solutions Continues Year : Over-Year earnings growth in 2016 third quarter, led by increased volumes of over 6% in performance chemicals' specialty businesses . Q3 adjusted earnings per share $0.14 . Q3 earnings per share $0.10 . Q3 sales fell 7.3 percent to $195.6 million . Q3 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Eps and adjusted EPS for Q3 of 2016 were negatively impacted due to country-wide labor strikes in France earlier in quarter . Continues to expect 2016 to be another year of growth in adjusted earnings per diluted share .EPS and adjusted EPS for Q3 of 2016 were negatively impacted by approximately $0.03.  Full Article

Omnova Solutions-Refinancing of term loan facility & senior revolving credit facility
Monday, 29 Aug 2016 08:45am EDT 

Omnova Solutions Inc : Omnova Solutions reduces financing costs and extends maturity with refinancing of its long term debt . Refinancing is expected to reduce company's interest expense by approximately $2.0 million per year at current interest rates. . Says amendment to company's term loan facility provides for a new 7-year $350 million term loan facility . Announced redemption of its 7.875% senior notes due 2018 on November 1, 2016 . Renewed its senior secured revolving credit facility, extending its termination date from December 2017 to August 2021 . Says borrowings under amended term loan credit facility will initially bear interest at 5.25 percent . Adjusted amounts available for borrowing under credit facility to $90 million .Refinancing of term loan facility and senior revolving credit facility.  Full Article

Omnova Solutions Q2 adjusted EPS $0.18
Wednesday, 29 Jun 2016 07:30am EDT 

Omnova Solutions Inc : Says in June, at beginning of Q3, a national strike in france impacted omnova's primary french butadiene supplier . As a result of this disruption, company expects q3 to have a one-time, unfavorable impact to ebitda of $2 million to $3 million . Says situation is improving, and company currently expects it to be resolved by early july 2016 . Says continues to expect another year of significant growth in adjusted diluted earnings per share . Says overall company volume was down 2.9% for quarter . Omnova solutions continues its trend of significant earnings growth as second quarter 2016 earnings per share expands to $0.16 per diluted share, compared to $0.09 per diluted share last year . Q2 earnings per share $0.16 . Q2 earnings per share view $0.14 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.18 .Q2 sales fell 8.3 percent to $202 million.  Full Article

OMNOVA Solutions sells India rubber manufacturing business to apcotex industries
Tuesday, 9 Feb 2016 08:01am EST 

OMNOVA Solutions Inc:Sells India rubber manufacturing business to apcotex industries.Says transaction includes the valia, India manufacturing plant and its associated product lines.India rubber manufacturing business was sold to apcotex under share purchase agreement for cash proceeds of about US$5 million.Says sale is not expected to have any material impact on omnova's operating income for 2016.Says announced the sale of its India rubber manufacturing business to India-based apcotex industries limited.  Full Article

OMNOVA Solutions Inc gives FY 2016 EPS guidance
Tuesday, 19 Jan 2016 08:21am EST 

OMNOVA Solutions Inc:Expects its strategic growth initiatives and cost reductions to result in FY 2016 being another year of significant growth in adjusted diluted earnings per share.  Full Article

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BRIEF-Omnova Solutions Q1 adjusted earnings per share $0.05

* Omnova Solutions continues year-over-year earnings growth in 2017 first quarter