The "it's always something" phenomenon that I've talked about before at Multi-Color (NASDAQ:LABL)
came through again this quarter. While the company's gross margin was
better than expected and its relatively recent Di-Na-Cal acquisition
contributed more than expected, underlying organic growth remains
frustratingly weak. I still believe this company has free cash flow
growth potential in the high single digits to low double digits over the
next decade, though, and that potential keeps the fair value just
interesting enough to make these shares worth holding.
Follow this link to the full article:
Multi-Color - Better Margins, But Growth Still A Challenge
No comments:
Post a Comment