Company Overview of Platform Specialty Products Corporation
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, the Asia-Pacific, and Europe. It operates through two segments, Performance Solutions and Agricultural Solutions. The Performance Solutions segment offers plating products that are used to plate holes; electroless nickel products, which are applied to metal and plastic surfaces; electronic assembly materials for use in the electronic market and residential boiler systems; final finishes that are used on printed circuit boards; circuit formation products for surface preparation; oxides, which are used in the fabrication of multilayer circuit boards; semiconductor materials and packaging pro...
1450 Centrepark Boulevard
West Palm Beach, FL 33401
Founded in 1922
Key Executives for Platform Specialty Products Corporation
Chief Financial Officer and Executive Vice President
Total Annual Compensation: $165.0K
Executive Vice President of Operations and Strategy
Total Annual Compensation: $331.3K
President of Performance Solutions
Total Annual Compensation: $411.0K
Chief Accounting Officer and Vice President
Total Annual Compensation: $208.3K
Compensation as of Fiscal Year 2015.
Platform Specialty Products Corporation Key Developments
Platform Specialty Products Corporation Appoints John E. Capps as Executive Vice President, General Counsel and Secretary
Jun 9 16
Platform Specialty Products Corporation announced the appointment of John E. Capps as Executive Vice President, General Counsel and Secretary. Mr. Capps will report directly to companies Chief Executive Officer, Rakesh Sachdev. Mr. Capps comes to Platform from Jarden Corporation, a Fortune 500 broad-based consumer products company, where he most recently served in a similar capacity until its merger with Newell Brands Inc. earlier this year. Previously, Mr. Capps worked with American Household Inc., until its acquisition by Jarden in January 2005, and as a private lawyer with the firm SullivanÂ & Cromwell LLP.
Platform Specialty Products Corporation Presents at Barclays High Yield Bond & Syndicated Loan Conference, Jun-09-2016 10:10 AM
Jun 1 16
Platform Specialty Products Corporation Presents at Barclays High Yield Bond & Syndicated Loan Conference, Jun-09-2016 10:10 AM. Venue: The Broadmoor, 1 Lake Avenue, Colorado Springs, Colorado, United States. Speakers: Sanjiv Khattri, Chief Financial Officer and Executive Vice President.
Platform Specialty Products Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Affirms Earnings Guidance for the Year 2016 and Provides Guidance for the Second Quarter of 2016
May 9 16
Platform Specialty Products Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2016. Net sales for the first quarter 2016 were $824 million, an increase of 54.0% on a reported basis and a decrease of 8.2% on a pro forma basis compared to $535 million reported in the first quarter of 2015. Adjusted EBITDA for the first quarter 2016 was $168 million, a decrease of 5.6% compared to $178 million reported in the first quarter of 2015. Net loss attributable to common stockholders was $135 million or $0.59 per diluted share compared to a net loss attributable to common stockholders of $27 million or $0.14 per diluted share for the same period in 2015. Pro forma adjusted net income attributable to common stockholders was $30 million or $0.59 per diluted share compared to $43 million or $0.16 per diluted share reported last year. Net debt at the end of the period was $5,191 million.
Full year 2016, the company affirmed adjusted EBITDA guidance of $725 to $775 million.
The company expect second quarter of 2016 to be strong sequentially but lower than second quarter of 2015 in light of significant year-over-year FX headwinds and the timing of first quarter, second quarter sales in Europe.
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