26 Oct 2017
The gains reflected “notable margin expansion and solid volume growth” at the styrenic elastomers maker, Kevin Fogarty, president and CEO said in a 24 Oct results announcement.
"As a result of our strong third quarter results, and in light of our overall year-to-date performance, we now expect that adjusted EBITDA for the full-year 2017 will be approximately $375 million," noted Fogarty
"As anticipated, cash generation continued to increase into the third quarter, and as a result we reduced Kraton net debt by $87 million in the quarter,” he also pointed out.
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