D&L Industries, Inc. Provides Earnings Guidance for the Year 2015
October 28, 2015 at 12:41 am EDT
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D&L Industries, Inc. provided earnings guidance for the year 2015. The company is targeting a net income growth of mid- to high-teens, referring to its recurring earnings guidance for the entire 2015. The company expects 15% net income for 2015.
The company is confident that it will hit its profit growth forecast of as much as 18% in the year 2015 given sustained margin gains across all segments. At the beginning of the year, the company has set it at mid to high teens, that are 15% to 18%. The company thinks it can hit at least 15%.
D&L Industries, Inc. is a Philippines-based holding company. The Company, through its subsidiaries, operates in four segments: Food ingredients segment, which is engaged in manufacturing a line of industrial fats and oils, specialty fats and oils, and culinary and other specialty food ingredients; Colorants and plastic additives segment, which manufactures a line of pigment blends, color and additive master batches, and engineered polymers for a range of applications; Oleochemicals, resins and powder coatings segment, which manufactures coconut methyl ester, other oleochemicals or chemicals derived from vegetable oils, resins, such as polystyrene, acrylic emulsions and polyester, and a line of powder coatings; Aerosols segment, which manufactures aerosol cans and components, and provides contract aerosol filling and compounding services, and Management and administrative segment, which provides goods and services through a contractual shared services model.
D&L INDUSTRIES, INC. 
