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Non-Tech : BMS - Bemis The Behemoth!
BMS 57.250.0%Jun 28 4:00 PM EDT

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From: JakeStraw10/28/2010 8:21:25 AM
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Bemis Company Reports Strong 2010 Third Quarter Results
finance.yahoo.com

Highlights of the third quarter:

* Record quarterly net sales of $1.3 billion reflected healthy total company organic sales growth of about 8 percent and acquisition related growth of about 36 percent.
* Adjusted diluted earnings per share increased 18.8 percent.
* Cash flow from operations totaled $125.0 million for the third quarter of 2010.
* Capital expenditures guidance for the total year 2010 is being reduced to approximately $115 million, reflecting the benefits of acquisition synergies and efficiency initiatives.
* Management expects total year adjusted diluted earnings per share to be $2.10 - $2.15 per share, an increase of over 12 percent compared to the record results of 2009.
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