Armstrong has released its third quarter 2014 results. Operating income from continuing operations fell 26% over the 2013 period to $69 million, and adjusted EBITDA from continuing operations dipped slightly by 4% to $117 million.
Armstrong World Industries, Inc. announced the pricing of an underwritten secondary public offering of 12,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the “Trust”) and Armor TPG Holdings, L.P. (together with the Trust, the “Selling Shareholders”) at a price to the public of $51.75 per share.
Armstrong World Industries, Inc. has announced a secondary public offering of 10,057,382 common shares of the company held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the “Trust”) and Armor TPG Holdings, L.P. (together with the Trust, the “Selling Shareholders”).
The Dixie Group, Inc. recently reported financial results for the fiscal year ended December 29, 2012. Net sales for fiscal 2012 were $266,372,000, up slightly versus the prior year on a non-GAAP adjusted comparable 52 week basis, as detailed on the enclosed schedule.
No matter how the so-called fiscal cliff finally works out, building service contractors and others in the professional cleaning industry can take some important steps to reduce their 2012 tax burden and possibly plan ahead for 2013.
Armstrong World Industries, Inc. (NYSE: AWI) (the “Company”) announced recently that following the closing of the secondary public offering of 5,200,000 common shares held by The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust and Armor TPG Holdings, L.P. (together, the “Selling Shareholders”) at a public offering price of $51.00 per share on November 14, 2012, the underwriters have exercised their option to purchase 780,000 additional common shares (the “Option Shares”) from the Selling Shareholders.