AKRON, Ohio, June 24, 2015 /PRNewswire/ -- A. Schulman,
Inc. (Nasdaq: SHLM) expects to release fiscal 2015
third-quarter results after the market closes on Monday, July 6, 2015. The Company will hold
its fiscal 2015 third-quarter earnings conference call on
Tuesday, July 7, 2015 at 10 a.m. Eastern time, with Bernard Rzepka, President and Chief Executive
Officer and Joseph Levanduski,
Executive Vice President and Chief Financial Officer.
The conference call will be available via a live webcast and a
replay will be archived for 90 days. To access the webcast or
replay, visit the Company's website, www.aschulman.com.
About A. Schulman, Inc.
A. Schulman, Inc. is a leading
international supplier of high-performance plastic compounds and
resins headquartered in Akron,
Ohio. Since 1928, the Company has been providing innovative
solutions to meet its customers' demanding requirements. The
Company's customers span a wide range of markets such as packaging,
mobility, building & construction, electronics &
electrical, agriculture, personal care & hygiene, sports,
leisure & home, custom services and others. The Company employs
approximately 5,000 people and has 61 manufacturing facilities
globally. A. Schulman reported net sales of approximately
$2.5 billion for the fiscal year
ended August 31, 2014. Additional
information about A. Schulman can be found at
www.aschulman.com.
Cautionary Statements
A number of the matters
discussed in this document that are not historical or current facts
deal with potential future circumstances and developments and may
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements can be identified by the fact that they do not relate
strictly to historic or current facts and relate to future events
and expectations. Forward-looking statements contain such words as
"anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," and other words and terms of similar meaning in
connection with any discussion of future operating or financial
performance. Forward-looking statements are based on management's
current expectations and include known and unknown risks,
uncertainties and other factors, many of which management is unable
to predict or control, that may cause actual results, performance
or achievements to differ materially from those expressed or
implied in the forward-looking statements. Important factors that
could cause actual results to differ materially from those
suggested by these forward-looking statements, and that could
adversely affect the Company's future financial performance,
include, but are not limited to, the following:
- worldwide and regional economic, business and political
conditions, including continuing economic uncertainties in some or
all of the Company's major product markets or countries where the
Company has operations;
- the effectiveness of the Company's efforts to improve operating
margins through sales growth, price increases, productivity gains,
and improved purchasing techniques;
- competitive factors, including intense price competition;
- fluctuations in the value of currencies in areas where the
Company operates;
- volatility of prices and availability of the supply of energy
and raw materials that are critical to the manufacture of the
Company's products, particularly plastic resins derived from oil
and natural gas;
- changes in customer demand and requirements;
- effectiveness of the Company to achieve the level of cost
savings, productivity improvements, growth and other benefits
anticipated from acquisitions and the integration thereof, joint
ventures and restructuring initiatives;
- escalation in the cost of providing employee health care and
retirement benefits;
- uncertainties regarding the resolution of pending and future
litigation and other claims;
- the performance of the global automotive market as well as
other markets served;
- further adverse changes in economic or industry conditions,
including global supply and demand conditions and prices for
products;
- operating problems with our information systems as a result of
system security failures such as viruses, cyber-attacks or other
causes;
- integration of the business of Citadel with our existing
business, including the risk that the integration will be more
costly or more time consuming and complex or simply less effective
than anticipated;
- our ability to achieve the anticipated synergies, cost savings
and other benefits from the Citadel
acquisition;
- transaction and acquisition-related costs incurred in
connection with the Citadel acquisition
and related transactions; and
- substantial time devoted by management to the integration after
the closing of the Citadel
acquisition.
The risks and uncertainties identified above are not the only
risks the Company faces. Additional risk factors that could affect
the Company's performance are set forth in the Company's Annual
Report on Form 10-K for the fiscal year ended August 31, 2014, as amended and superseded in
part by the Company's Current Report on Form 8-K filed on
April 27, 2015. In addition, risks
and uncertainties not presently known to the Company or that it
believes to be immaterial also may adversely affect the Company.
Should any known or unknown risks or uncertainties develop into
actual events, or underlying assumptions prove inaccurate, these
developments could have material adverse effects on the Company's
business, financial condition and results of operations.
SHLM_All
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SOURCE A. Schulman, Inc.