Some Updated Guidance On Swift Strategies In Guidance For Curriculum Vitae

Full year results also exclude impairment charges of $140.8 million and $84.4 million in 2016 and 2015, respectively. Fiscal 2016 fourth quarter Energy segment sales declined 9% year-over-year to $91 million. Excluding the unfavorable 4% foreign currency headwind, and 10% acquisition benefit, core sales declined 15%, in line with expectations. Core sales in the maintenance focused Hydratight business declined modestly, after delivering robust growth throughout the fiscal year. This lumpy demand pattern is typical and reflects the wind-up of certain large projects as well as maintenance push outs and scope reductions in oil & gas. segments upstream oil & gas sales declined substantially year-over year, yet were sequentially similar to the third quarter, reflecting continued weak energy capital spending. The segment continues to successfully redirect resources to its non-oil & gas product lines which delivered sales growth in the quarter. Fourth quarter adjusted operating profit margin improved despite the high decremental margins at Viking, due primarily to the benefit of cost reduction actions throughout the segment as well as favorable mix within Cortland. Read More 3.3% 4.6% (3) 2016 excludes $0.9 and $5.4 of restructuring charges in the fourth quarter and full year, respectively. 2016 fourth quarter and full year results exclude the $5.1 million pre-tax loss on the Sanlo divestiture.

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guidance for curriculum vitae

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guidance for curriculum vitae

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