Neenah Paper has reported 2014 third quarter results. Net sales of $230.6 million in the third quarter of 2014 grew 8 percent compared with $214.1 million in the third quarter of 2013.
"Our businesses continue to perform well, delivering double-digit earnings growth even after adjusting for acquisitions and timing of downs. Results were led by gains in filtration, technical specialties and premium fine paper brands," said John O'Donnell, Chief Executive Officer.
"The acquisition integration is going very well and is providing new opportunities to grow in filtration, as well as in other attractive niche markets. With solid cash flows and a strong balance sheet, we remain well-positioned to act on high-returning organic investments and value-adding acquisitions, while continuing to increase cash returns to shareholders through an attractive dividend."
