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Milacron Holdings Corp (MCRN.N)

MCRN.N on New York Stock Exchange

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$-0.10 (-0.60%)
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Latest Key Developments (Source: Significant Developments)

Hillenbrand Reports Q3 Adjusted Earnings Per Share Of $0.57
Thursday, 1 Aug 2019 

July 31 (Reuters) - Hillenbrand Inc ::Q3 GAAP EARNINGS PER SHARE $0.48.Q3 REVENUE $447 MILLION.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.40 TO $2.46.Q3 ADJUSTED EARNINGS PER SHARE $0.57.HILLENBRAND - QUARTER-END ORDER BACKLOG OF $940 MILLION, INCREASED 20%.MAINTAINING 2019 REVENUE GROWTH GUIDANCE OF 1% TO 3%.FY2019 EARNINGS PER SHARE VIEW $2.51, REVENUE VIEW $1.82 BILLION -- REFINITIV IBES DATA.  Full Article

Hillenbrand To Acquire Milacron Holdings Corp For $18.07 Per Share
Friday, 12 Jul 2019 

July 12 (Reuters) - Hillenbrand Inc ::HILLENBRAND, INC. TO ACQUIRE MILACRON HOLDINGS CORP..HILLENBRAND INC - DEAL FOR TRANSACTION VALUED AT APPROXIMATELY $2 BILLION.HILLENBRAND INC - HILLENBRAND SHAREHOLDERS WILL OWN APPROXIMATELY 84% OF COMBINED COMPANY, AND MILACRON STOCKHOLDERS WILL OWN APPROXIMATELY 16%.HILLENBRAND INC - HILLENBRAND INTENDS TO FUND CASH PORTION OF TRANSACTION THROUGH DEBT FINANCING.HILLENBRAND INC - TRANSACTION EXPECTED TO DELIVER DOUBLE-DIGIT EARNINGS ACCRETION IN FIRST FULL YEAR.HILLENBRAND INC - PROPOSED DEAL FOR $11.80 IN CASH, FIXED EXCHANGE RATIO OF 0.1612 SHARES OF CO'S STOCK FOR EACH SHARE OF MILACRON COMMON STOCK.HILLENBRAND - WILL ACQUIRE MILACRON IN A CASH AND STOCK TRANSACTION VALUED AT ABOUT $2 BILLION, INCLUDING NET DEBT OF ABOUT $686 MILLION AS OF MARCH 31, 2019.HILLENBRAND INC - PROPOSED DEAL FOR $18.07 PER SHARE.HILLENBRAND INC - HILLENBRAND EXPECTS TO GENERATE FREE CASH FLOW GREATER THAN $325 MILLION BY 2021.HILLENBRAND - EXPECTS TO REFINANCE MILACRON'S OUTSTANDING DEBT AT CLOSE AND REDUCE NET LEVERAGE TO BELOW 2.75X WITHIN 12 MONTHS POST-CLOSE..HILLENBRAND INC - TRANSACTION EXPECTED TO DELIVER ANNUALIZED COST SYNERGIES OF APPROXIMATELY $50 MILLION WITHIN THREE YEARS FOLLOWING CLOSE.HILLENBRAND INC - HAS SECURED A COMMITTED BRIDGE FINANCING FACILITY LED BY J.P. MORGAN..HILLENBRAND INC - COMBINED COMPANY EXPECTED TO GENERATE ANNUAL REVENUES OF APPROXIMATELY $3 BILLION BY 2021 .  Full Article

Milacron Holdings Says Paid Amounts On Outstanding Senior Secured Term Loan Facility
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Milacron Holdings Corp ::MILACRON HOLDINGS-MADE VOLUNTARY $52.0 MILLION PRINCIPAL PAYMENT ON OUTSTANDING SENIOR SECURED TERM LOAN FACILITY WITH MATURITY DATE OF SEPT 28, 2023.  Full Article

Milacron To Sell Uniloy Blow Molding Business To Osgood Capital Group And Cyprium Investment Partners
Wednesday, 15 May 2019 

May 14 (Reuters) - Milacron Holdings Corp ::MILACRON ANNOUNCES DEFINITIVE AGREEMENT TO SELL UNILOY BLOW MOLDING BUSINESS TO OSGOOD CAPITAL GROUP, LLC AND CYPRIUM INVESTMENT PARTNERS, LLC.MILACRON HOLDINGS CORP - NEW UNILOY ORGANIZATION WILL BE LED BY BRIAN MARSTON, AND HE WILL SERVE AS PRESIDENT AND CEO.  Full Article

Milacron Holdings Corp Posts Qtrly Earnings Per Share $0.13
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Milacron Holdings Corp ::REPORTS FIRST QUARTER 2019 RESULTS.QTRLY SALES OF $248.7 MILLION DECREASED 13.9% ON AN AS-REPORTED BASIS.QTRLY EARNINGS PER SHARE $0.13.QTRLY ADJUSTED EARNINGS PER SHARE $0.27.QTRLY ORDERS OF $275.3 MILLION DECREASED 10.8% ON AN AS-REPORTED BASIS.Q1 EARNINGS PER SHARE VIEW $0.26, REVENUE VIEW $279.5 MILLION -- REFINITIV IBES DATA.  Full Article

Milacron Holdings Corp. Reports FY And Q4 2018 Results
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Milacron Holdings Corp ::. REPORTS FULL YEAR & FOURTH QUARTER 2018 RESULTS.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.48.Q4 GAAP EARNINGS PER SHARE $0.08.Q4 SALES $311.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $309.6 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.37 -- REFINITIV IBES DATA.MILACRON HOLDINGS - QUARTER-END ORDERS OF $274.2 MILLION DECREASED 13.3% ON AN AS-REPORTED BASIS.MILACRON HOLDINGS - FORECASTS NEGATIVE 3% TO NEGATIVE 4% SALES GROWTH IN 2019, WHICH IS INCLUSIVE OF ANTICIPATED 1% FOREIGN CURRENCY HEADWIND..MILACRON HOLDINGS - ON A PRO FORMA BASIS, FORECASTS FLAT TO 1% SALES GROWTH IN 2019.2019 ADJUSTED EBITDA MARGIN IS FORECASTED TO BE BETWEEN 17.5% AND 18.0%.2019 FREE CASH FLOW IS FORECASTED TO BE BETWEEN $100 MILLION AND $110 MILLION.MILACRON HOLDINGS - SEES 2019 CAPEX ABOUT $35 MILLION.  Full Article

Milacron Announces Share Repurchase Program
Thursday, 15 Nov 2018 

Milacron Holdings Corp ::MILACRON ANNOUNCES SHARE REPURCHASE PROGRAM.MILACRON HOLDINGS CORP - AUTHORIZED A PROGRAM TO REPURCHASE UP TO $125 MILLION OF ITS OUTSTANDING COMMON STOCK OVER A TWO-YEAR PERIOD..  Full Article

Milacron Holdings Q2 Adjusted Non-GAAP Earnings Per Share $0.48
Thursday, 26 Jul 2018 

July 26 (Reuters) - Milacron Holdings Corp ::. REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.48.Q2 GAAP EARNINGS PER SHARE $0.21.Q2 SALES $328.1 MILLION VERSUS I/B/E/S VIEW $322.8 MILLION.Q2 EARNINGS PER SHARE VIEW $0.48 -- THOMSON REUTERS I/B/E/S.FORECASTS 2.0% TO 4.0% ORGANIC SALES GROWTH IN 2018, WHICH IS INCLUSIVE OF AN ANTICIPATED 1.0% FOREIGN CURRENCY TAILWIND..2018 ADJUSTED EBITDA IS FORECASTED TO BE BETWEEN $237 MILLION AND $240 MILLION.2018 FREE CASH FLOW IS FORECASTED TO BE BETWEEN $80 MILLION AND $90 MILLION.FY2018 REVENUE VIEW $1.29 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Milacron Holdings Q1 GAAP Earnings Per Share $0.08
Thursday, 26 Apr 2018 

April 26 (Reuters) - Milacron Holdings Corp ::. REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.40.Q1 GAAP EARNINGS PER SHARE $0.08.Q1 SALES $310.4 MILLION VERSUS I/B/E/S VIEW $298.1 MILLION.Q1 EARNINGS PER SHARE VIEW $0.39 -- THOMSON REUTERS I/B/E/S.SAYS FORECASTS 2.0% TO 4.0% ORGANIC SALES GROWTH IN 2018.SAYS ADJUSTED EBITDA IS FORECASTED TO BE BETWEEN $237 MILLION AND $243 MILLION FOR 2018.  Full Article

Milacron Makes Voluntary Principal Payment
Saturday, 3 Mar 2018 

March 2 (Reuters) - Milacron Holdings Corp ::SAYS ‍ON FEB 28, MADE VOLUNTARY $25.0 MILLION PRINCIPAL PAYMENT ON OUTSTANDING SENIOR SECURED TERM LOAN FACILITY WITH MATURITY DATE OF SEP 28, 2023​.  Full Article

Industrial equipment maker Hillenbrand to buy Milacron in $2 billion deal

Industrial equipment maker Hillenbrand Inc on Friday agreed to buy plastics-processing equipment maker Milacron Holdings Corp in a cash and stock deal valued at about $2 billion, the companies said.