Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $35.12 USD
Change Today +0.05 / 0.14%
Volume 71.6K
LBY On Other Exchanges
Symbol
Exchange
NYSE Amex
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

libbey inc (LBY) Snapshot

Open
$35.15
Previous Close
$35.07
Day High
$35.46
Day Low
$34.69
52 Week High
06/16/15 - $42.04
52 Week Low
10/8/14 - $25.61
Market Cap
767.2M
Average Volume 10 Days
86.1K
EPS TTM
$2.04
Shares Outstanding
21.8M
EX-Date
08/7/15
P/E TM
17.2x
Dividend
$0.44
Dividend Yield
0.94%
Current Stock Chart for LIBBEY INC (LBY)

Related News

No related news articles were found.

libbey inc (LBY) Related Businessweek News

No Related Businessweek News Found

libbey inc (LBY) Details

Libbey Inc. manufactures and markets glass tableware products worldwide. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and various other items; glass bakeware; handmade glass tableware; and other glass products for original equipment manufacturers, such as blender jars and washing machine windows. The company also provides ceramic dinnerware products comprising plates, bowls, platters, cups, saucers, and other tableware accessories; metal flatware consisting of knives, forks, spoons, and serving utensils; and metal hollowware, including serving trays, pitchers, and other metal tableware accessories, as well as a line of ceramic dinnerware. In addition, it distributes fine stemware and other drinkware assortments; upscale serveware, decorative products, stemware, and drinkware for finer dining establishments; porcelain and bone china products; and tableware and giftware products. Libbey Inc. offers its products under the Libbey, Crisa, Royal Leerdam, World Tableware, Syracuse China, and Crisal Glass brand names. The company markets its products to foodservice distributors, mass merchants, department stores, retail distributors, national retail chains, specialty housewares stores, candle and food packers, decorators, breweries, distilleries, craft industries, gourmet food-packing companies, and customers using glass containers for candle and floral applications. Libbey Inc. was founded in 1818 and is headquartered in Toledo, Ohio.

6,553 Employees
Last Reported Date: 03/13/15
Founded in 1818

libbey inc (LBY) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $768.8K
Chief Financial Officer, Vice President and M...
Total Annual Compensation: $386.9K
Vice President, General Counsel, Secretary an...
Total Annual Compensation: $350.1K
Vice President of Human Resources
Total Annual Compensation: $306.2K
Strategic Consultant
Total Annual Compensation: $369.7K
Compensation as of Fiscal Year 2014.

libbey inc (LBY) Key Developments

Libbey Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reaffirms Earnings Guidance for the Full Year 2015

Libbey Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company has reported net sales for the second quarter were $214.1 million, compared to $223.5 million for the second quarter of 2014, a decrease of 4.2%. Net income for the second quarter of 2015 was $14.4 million, compared to a net loss of $25.2 million in the prior-year second quarter. Net income during the second quarter of 2014 included a $47.2 million charge for the retirement of debt during the period. Adjusted net income for the second quarter of 2015 was $17.1 million, compared to $22.6 million recorded in the second quarter of 2014. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) for the second quarter of 2015 were $34.5 million, compared to $41.0 million in the prior-year quarter. The Company's effective tax rate was 14.4% for the quarter-ended June 30, 2015, compared to 10.3% for the quarter-ended June 30, 2014. Earnings before interest and income taxes was $21,346,000 compared to loss before interest and income taxes of $17,328,000 a year ago. Net cash provided by operating activities were $27,742,000 compared to $10,353,000 a year ago. Additions to property, plant and equipment were $16,577,000 compared to $11,934,000 a year ago. EBITDA was $31,815,000 compared to LBITDA of $6,736,000 a year ago. Free cash flow was $11,167,000 compared to negative free cash flow of $1,581,000 a year ago. Net sales for the first six months of 2015 were $401.4 million, compared to $405.1 million for the first half of 2014, a decrease of 0.9%. Net income for the first six months of 2015 was $17.5 million, compared to a net loss of $28.6 million during the first half of 2014. Net income for the first six months of 2014 included a $47.2 million charge for the retirement of debt during the period. Adjusted net income for the first six months of 2015 was $20.7 million, compared to $25.1 million recorded in the first six months of 2014. Adjusted EBITDA was $54.2 million for the first six months of 2015, compared to $61.1 million for the first half of 2014. Effective tax rate was 17.5% for the six months ended June 30, 2015, compared to 4.3% for the six months ended June 30, 2014. Earnings before interest and income taxes was $30,269,000 compared to loss before interest and income taxes of $14,189,000 a year ago. Net cash provided by operating activities were $14,506,000 compared to net cash used in operating activities of $20,000 a year ago. Additions to property, plant and equipment were $33,236,000 compared to $21,835,000 a year ago. EBITDA was $50,922,000 compared to $7,079,000 a year ago. Negative free cash flow was $18,728,000 compared to $19,501,000 a year ago. The company reaffirmed its expectations, albeit at the low end of the range, of top-line growth of 5% to 6% on a constant currency basis for the full-year 2015 and Adjusted EBITDA margins of approximately 15%. The company expects depreciation and amortization for the full year 2015 to be between $40 million and $42 million. Cash interest should be in the range of $16 million to $17 million.

Libbey Inc. Declares Quarterly Cash Dividend, Payable on August 25, 2015

Libbey Inc. announced that its Board of Directors declared the company's quarterly cash dividend of $0.11 cents per share. The dividend will be paid on August 25, 2015, to shareholders of record as of August 11, 2015.

Libbey Inc. to Report Q2, 2015 Results on Jul 30, 2015

Libbey Inc. announced that they will report Q2, 2015 results Pre-Market on Jul 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LBY:US $35.12 USD +0.05

LBY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
King's Flair International Holdings Ltd $1.05 HKD 0.00
Lifetime Brands Inc $14.56 USD +0.17
Newell Rubbermaid Inc $41.66 USD -0.19
Vitro SAB de CV $51.78 MXN -0.01
View Industry Companies
 

Industry Analysis

LBY

Industry Average

Valuation LBY Industry Range
Price/Earnings 15.5x
Price/Sales 0.9x
Price/Book 9.0x
Price/Cash Flow 15.0x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LIBBEY INC, please visit www.libbey.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.