Neenah Paper Reports First Quarter Results

Neenah Paper recently reported income from continuing operations of $0.48 per diluted common share in the first quarter of 2010, compared to a loss of $0.05 per share in the first quarter of 2009.

Net sales of $167 million in the first quarter of 2010 increased 25 percent from a year ago, while operating income of $16 million in the current quarter was more than three times the $5 million of operating income reported in the first quarter of 2009.