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Multi-Color Corporation announced a 35 percent increase in third quarter adjusted EPS compared to the prior year quarter after the first anniversary of the York acquisition.
"The December quarter saw adjusted gross margin, as a percent of revenues, rebound with a 2 percent increase over the prior year quarter to 19 percent. The return to higher gross margin is now across a much larger revenue base and primarily reflects benefits of York acquisition synergies," said Nigel Vinecombe, president and CEO, Multi-Color Corporation.
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