The 2020 Mid-Year Economic Update_long

Neenah Sales Up 4.5% in Third Quarter

Year-to-date sales increased 7.9 percent.

Neenah Paper Inc. (NYSE: NP), Alphareta, GA, reported sales for the third quarter of $256.2 million, an increase of 4.5 percent compared to the same period a year ago. Profit decreased 35.6 percent to $12.1 million.

Technical products sales were $138.2 million in the third quarter, an increase of 10 percent compared to the same period a year ago. Fine paper sales decreased slightly to $112.5 million.

For the first nine months, sales for Neenah were $794 million, an increase of 7.9 percent compared to the same period a year ago. Profit decreased from $61.4 million to $23.5 million.

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