Milacron Holdings Corp. (NYSE:MCRN) Files An 8-K Results of Operations and Financial Condition
Item 2.02
EX-99.1 2 exhibit991q22019.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Milacron Holdings Corp. Reports Second Quarter 2019 ResultsSecond quarter results met expectations and sales increased 9% sequentially2019 Second Quarter Overview •Sales of $271.4 million decreased 10.6% on an as-reported basis,…
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About Milacron Holdings Corp. (NYSE:MCRN)
Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). The APPT segment is engaged in the manufacture, distribution and service of equipment and products used in the plastic technology and processing industry, including injection molding, blow molding and extrusion applications. The MDCS segment is engaged in the manufacture of plastic delivery and precision control systems, which are recurring, consumable sales for injection molding applications. The Fluids segment is engaged in the manufacture of coolants, lubricants, process cleaners and corrosion inhibitors that are used in a range of metalworking industries, such as cutting, grinding, stamping and forming and high speed machining.