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Shiloh Industries Q3 sales revenue $275.2 million, 27.2% better

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Staff writer ▼ | September 16, 2015
Shiloh Industries reported financial results for the third quarter ended July 31, 2015. Sales revenue was $275.2 million, an increase of 27.2 percent compared to the prior year quarter.
Shiloh Industries
Shiloh Industries   Q3 gross profit was $20.2 million
Gross profit for the quarter was $20.2 million, compared to $22.1 million in the prior year quarter. SG&A for the quarter was 4.4 percent of sales, an improvement of 103 basis points compared to the prior year quarter.

Net income per diluted share for the quarter was $0.11, which included a negative $0.16 impact from lower scrap metal market pricing. EBITDA for the quarter was $16.4 million, which included a negative $4.3 million impact from lower scrap metal market pricing.

The company launched and received production approval for 146 new products during the quarter, compared to 61 in the prior year quarter; year-to-date launched and received production approval for 272 new products compared to 126 in the prior year period.


 

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