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BRIEF-Intertape Polymer Group reports Q4 revenue of $209.9 mln

Published 2017-03-09, 08:09 a/m
© Reuters.  BRIEF-Intertape Polymer Group reports Q4 revenue of $209.9 mln
ITP
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March 9 (Reuters) - Intertape Polymer Group Inc ITP.TO

* Intertape Polymer Group reports 2016 fourth quarter and annual results

* Intertape Polymer Group Inc - Qtrly revenue increased 7.3% to $209.9 million

* Intertape Polymer Group Inc- For 2017, we expect capital expenditures of $75 to $85 million

* Intertape Polymer Group Inc- Expects gross margin for 2017 to be between 23% and 24%

* Intertape Polymer Group Inc- Expects adjusted EBITDA for 2017 is expected to be between $127 and $137 million

* Intertape Polymer Group Inc- Revenue, gross margin and adjusted EBITDA in Q1 of 2017 are expected to be greater than in Q1 of 2016

* Intertape Polymer Group Inc- Revenue, gross margin and adjusted EBITDA in Q1 of 2017 are expected to be greater than in Q1 of 2016

* Intertape Polymer Group Inc - Qtrly earnings per share attributable to company shareholders $0.36 Source text for Eikon: ID:nMKWpswQYa Further company coverage: ITP.TO

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