Brief: Interface Reports Q4 Earnings Per Share $0.07

Interface

21/02/2018 21:01

Feb 21 (Reuters) - Interface Inc  TILE.O : 
    * INTERFACE REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 
RESULTS 
    * Q4 EARNINGS PER SHARE $0.07 
    * Q4 SALES ROSE 11.1 PERCENT TO $266.2 MILLION 
    * IS TARGETING TO ACHIEVE 3% - 5% ORGANIC SALES GROWTH IN 
2018 
    * IS TARGETING GROSS PROFIT MARGIN OF 39% - 39.5% IN 2018 
    * SEES 2018 CAPITAL EXPENDITURES OF $50 MILLION TO $60 
MILLION 
    * EXPECTS STRONGEST OPERATING INCOME GROWTH IN Q2, Q3 OF 
2018, 
WITH SOFTER GROWTH IN Q1, Q4 
    * Q4 REVENUE VIEW $256.3 MILLION -- THOMSON REUTERS I/B/E/S 
 
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