The company reported net sales of $432.1 million for the second quarter of 2018, up 0.6% compared to net sales of $429.7 million for the second quarter of 2017. Net earnings determined in accordance with generally accepted accounting principles, or GAAP, for the second quarter of 2018 were $7.0 million, or $0.42 per diluted share, compared to net earnings for the second quarter of 2017 of $8.0 million, or $0.48 per diluted share. Earnings before interest, taxes, depreciation and amortization, or EBITDA, were $42.4 million for the second quarter of 2018, compared to $45.7 million for the second quarter of 2017. Adjusted EBITDA for the quarter was $42.6 million, down 5.4% compared to second quarter 2017 Adjusted EBITDA of $45.0 million. Click Read More below for additional information.
Lecta announces a price increase of Thermal papers for new orders, effective January 28, 2020.
The increase will be around 8 to 10% in Thermal papers depending on country.
The price increase is unavoidable to offset the continuous increase in manufacturing and transport costs.
Lecta sales teams are at our customers’ disposal to provide specific information on how the price increase will be applied on a country by country basis.