On Tuesday, Shares of Berry Plastics Group Inc (NYSE:BERY), gained 1.44% to $35.99.
Berry Plastics Group, stated results for its fourth fiscal 2015 quarter, referred to in the following as the September 2015 quarter, and fiscal year 2015:
- Raised cash flow from operations by $85 million to $245 million in the September 2015 quarter contrast to $160 million in the same preceding year quarter
- Cash flow from operations raised by $107 million to $637 million in fiscal year 2015 contrast to $530 million in fiscal year 2014
- Improved adjusted free cash flow by $58 million to $189 million for the September 2015 quarter contrast to $131 million in the same preceding year quarter
- Generated adjusted free cash flow of $436 million for the fiscal year 2015 contrast to $302 million in the preceding year
- Recorded net income per diluted share of $0.39 and adjusted net income per diluted share of $0.50 for the September 2015 quarter
- Fiscal year 2016 adjusted free cash flow guidance set at $475 million
“In the September 2015 quarter, we had strong cash generation as cash flow from operations was $245 million, resulting in $189 million of adjusted free cash flow. Additionally we raised our Operating EBITDA margins (17.1% of net sales) by more than 100 basis points from the preceding year quarter.” said Jon Rich, Chairman and CEO of Berry Plastics.
Berry Plastics Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in North America and internationally. The company operates through four segments: Rigid Open Top, Rigid Closed Top, Engineered Materials, and Flexible Packaging.
Shares of Honeywell International Inc. (NYSE:HON), declined -0.05% to $102.31, during its last trading session.
Honeywell, declared it will provide its Experion® Process Knowledge System (PKS) automation controls and tank gauging systems for Finland’s first liquefied natural gas (LNG) import terminal to efficiently supply natural gas to marine vessels and industrial facilities in Finland, assisting to replace other fuels that have higher emissions.
The cleaner-burning natural gas will assist these vessels and facilities meet emissions regulations in the Baltic Sea and Nordics. Honeywell technology is presently being used in about 40 similar LNG import and export terminals around the world.
Additionally, Honeywell’s Enterprise Buildings Integrator (EBI) will connect and power comfort, safety and security systems within the terminal itself, creating a productive environment for workers. With tight integration between Experion PKS and EBI, operators will have one interface to access and manage all process and facility technology, which improves site-wide visibility and efficiency.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
Finally, Shares of Noah Holdings Limited (ADR) (NYSE:NOAH), ended its last trade with 3.89% gain, and closed at $30.70.
Noah Holdings Limited, declared its unaudited financial results for the third quarter of 2015.
Starting from the fourth quarter of 2014, the Company has presented its financial results in three business segments: (i) wealth administration, (ii) asset administration and (iii) internet finance. To facilitate comparisons with the third quarter 2015 financial results, the Company has also presented its historical third quarter 2014 financial results organized by the aforementioned business segments.
THIRD QUARTER 2015 FINANCIAL HIGHLIGHTS
- Net revenues in the third quarter of 2015 were US$82.6 million, a 31.4% improvement from the corresponding period in 2014.
- Net income attributable to Noah shareholders in the third quarter of 2015 was US$23.9 million, a 33.7% improvement from the corresponding period in 2014.
- Non-GAAP1 net income attributable to Noah shareholders in the third quarter of 2015 was US$26.2 million, a 34.8% improvement from the corresponding period in 2014.
Noah Holdings Limited, through its auxiliaries, provides wealth administration services with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in the People’s Republic of China.