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Multi-Color Corp (LABL.OQ)

LABL.OQ on NASDAQ Stock Exchange Global Select Market

72.75USD
17 Nov 2017
Change (% chg)

$-0.55 (-0.75%)
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Latest Key Developments (Source: Significant Developments)

Multi-Color Corp announces Q2 earnings per share $0.88
Tuesday, 7 Nov 2017 08:30am EST 

Nov 7 (Reuters) - Multi-color Corp :Reg-Multi-Color Corporation announces EPS of $0.88 and non-GAAP core EPS of $1.06 for Q2 fy2018.Q2 non-GAAP core earnings per share $1.06 excluding items.Q2 earnings per share $0.88.Q2 earnings per share view $1.11 -- Thomson Reuters I/B/E/S.Sees FY 2018 revenue $12 million.Q2 revenue $256 million versus I/B/E/S view $246.6 million.Multi-Color Corp - ‍Core EPS forecast is now in range of $3.80 to $3.90 for fiscal 2018​.Multi-Color Corp - ‍Organic growth at 6% for quarter​.  Full Article

Multi-Color announces private offering of $600 mln of senior notes
Wednesday, 20 Sep 2017 05:15pm EDT 

Sept 20 (Reuters) - Multi-color Corp :Reg-Multi-Color corporation announces upsize and pricing of private offering of $600 million of senior notes and modifies syndication of a $500 million senior secured term loan B facility.Multi-Color - ‍intends to apply net proceeds of sale of notes to repay outstanding borrowings under existing senior secured revolving credit facilities​.Multi-Color-also modified terms of commenced syndication of term loan B facility; component of $1,050 million senior secured credit facilities.Multi-Color - to also apply proceeds of sale of notes to fund part of cash portion of purchase price payable in connection to Constantia Labels acquisition​.Multi-Color Corp - agreed to upsize offering to $600 million aggregate principal amount of its 4.875% senior notes due 2025 in a private offering​.  Full Article

Multi-Color Corporation Q1 EPS $0.82
Tuesday, 8 Aug 2017 08:30am EDT 

Aug 8 (Reuters) - Multi-color Corp :Multi-Color Corporation announces EPS of $0.82 and non-GAAP core EPS of $0.86 for Q1 FY2018.Q1 non-GAAP core earnings per share $0.86 excluding items.Q1 earnings per share $0.82.Q1 earnings per share view $0.81 -- Thomson Reuters I/B/E/S.Qtrly net revenues $242.4 million versus $236.5 million last year.  Full Article

Multi-Color to pay EUR 50 million if deal with Constantia Flexibles terminated under some condition - SEC Filing
Wednesday, 19 Jul 2017 12:24pm EDT 

July 19 (Reuters) - Multi-Color Corp ::If deal with Constantia Flexibles terminated due to failure to obtain regulatory clearances, co to pay fee of EUR 50 million - SEC Filing.In connection with deal, co entered into a commitment letter on July 16, 2017 with Bank Of America, N.A., Merrill Lynch, among others.Commitment letter provides to co a $250 million senior secured term loan A facility, a $400 million senior secured term loan B facility.Commitment letter provides to co a $400 million senior secured revolving facility, up to a EUR 400 million senior unsecured bridge facility.Proceeds from senior secured credit facilities, bridge facilities to refinance existing revolving credit facility, pay cash portion of deal.  Full Article

BRIEF-Wendel: Constantia Flexibles sells Labels business to Multi-Color for €1.15 bln enterprise value
Monday, 17 Jul 2017 09:12am EDT 

Repeats to add country code:* Wendel welcomes today’s announcement by Constantia Flexibles, one of the world’s leaders in flexible packaging, that it has signed an agreement to sell its Labels business to Multi-Color Corporation, for an enterprise value of approximatley €1.15 billion (1.3 billion USD)..* Majority of the transaction is payable in cash, while Constantia Flexibles will hold a 16.6% equity holding in Multi-Color, thereby becoming its largest shareholder .* Transaction will make a positive contribution to long-term value creation at Constantia Flexibles, which is 60.5% owned by Wendel, its majority shareholder .  Full Article

Wendel: Constantia Flexibles sells Labels business to Multi-Color for €1.15 bln enterprise value
Monday, 17 Jul 2017 08:43am EDT 

July 17 (Reuters) - Wendel ::* Wendel welcomes today’s announcement by Constantia Flexibles, one of the world’s leaders in flexible packaging, that it has signed an agreement to sell its Labels business to Multi-Color Corporation, for an enterprise value of approximatley €1.15 billion (1.3 billion USD)..* Majority of the transaction is payable in cash, while Constantia Flexibles will hold a 16.6% equity holding in Multi-Color, thereby becoming its largest shareholder .* Transaction will make a positive contribution to long-term value creation at Constantia Flexibles, which is 60.5% owned by Wendel, its majority shareholder .  Full Article

Multi-Color to buy Constantia Labels division
Monday, 17 Jul 2017 08:30am EDT 

July 17 (Reuters) - Multi-color Corp ::Multi-Color Corporation announces agreement to acquire Constantia Labels division to create a global leader in the labels space.Multi-Color Corp - deal for ‍approximately $1.3 billion (EUR 1.15 billion), payable in cash and stock.​.Multi-Color Corp - ‍expects transaction to be meaningfully accretive to core EPS in fiscal year ending March 2019​.Multi-Color Corp -debt financing for transaction is fully committed through new facilities underwritten by Bank Of America Merrill Lynch and Citigroup.Says ‍management expects transaction to be meaningfully accretive to core EPS in fiscal year ending March 2019​.Multi-Color Corp - ‍reaffirms its core EPS guidance for fiscal year 2018 of $4.00​.Multi-Color Corp - ‍cost synergies are anticipated to reach $15 million (or 2% of acquired revenues) by fiscal year March 2020​ from deal.Multi-Color Corp says two representatives of constantia flexibles will join Multi-Color's board of directors.Multi-Color Corp - ‍for fiscal quarter ended June 30, 2017, management forecasts approximately $0.80 core EPS​.Says ‍current Multi-Color CEO, Vadis Rodato, is expected to retire in early 2018 after a transition period.Says ‍multi-Color's stock will be issued to Constantia Flexibles at a price of $75 per share​.Multi-Color Corp - ‍as part of transaction, Constantia Flexibles will become a 16.6% shareholder in Multi-Color​.FY 2018 earnings per share view $3.98 -- Thomson Reuters I/B/E/S.  Full Article

Multi-Color Corp Q4 earnings per share $0.98
Tuesday, 30 May 2017 08:30am EDT 

May 30 (Reuters) - Multi-Color Corp ::Multi-Color Corporation announces fiscal 2017 EPS of $3.58 and non-GAAP core EPS of $3.61.Q4 non-GAAP core earnings per share $0.98 excluding items.Q4 earnings per share $0.98.Q4 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Multi-Color Corp - Q4 organic growth was 5%, boosted by catch-up from shortfall in Q3 and timing of Easter in Q4 prior year.  Full Article

Multi-Color Corp Q2 earnings $0.96/shr
Wednesday, 9 Nov 2016 08:30am EST 

Multi-color Corp : Multi-Color Corporation announces EPS at $0.96 and core EPS at $0.99 for September quarter . Q2 core earnings per share $0.99 . Q2 earnings per share $0.96 . Q2 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Q2 revenue $232.1 million versus I/B/E/S view $235.5 million . Multi-Color Corp - Gross margin improvement year over year expected to be higher in second half of fiscal 2017 . Multi-Color Corp - Acquisition revenues for fiscal 2018 expected to be significantly higher than fiscal 2017 .Multi-Color Corp - Organic growth for year still forecasted to be in 3-5 percent range, excluding exited beer label business.  Full Article

Multi-Color qtrly diluted EPS $0.49
Friday, 27 May 2016 08:30am EDT 

Multi-color Corp : Qtrly net revenues increased 11% to $227.1 million from $205.5 million compared to prior year quarter . Diluted EPS decreased to $0.49 per diluted share in current quarter . Excluding items core EPS decreased 5% to $0.70 per diluted share during quarter .Q4 earnings per share view $0.78, revenue view $225.2 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Multi-Color Corp announces Q2 earnings per share $0.88

* Reg-Multi-Color Corporation announces EPS of $0.88 and non-GAAP core EPS of $1.06 for Q2 fy2018