A. Schulman Reveals Long-Term Growth Targets

(RTTNews) - A. Schulman, Inc. (SHLM) on Tuesday highlighted several new financial targets for the fiscal 2014-2018 period, as disclosed in presentations made by management at its 2014 Investor Day in New York on April 10.

As announced on the investor day, the company targets 10-11% compound annual sales growth to $3.6 billion to $3.7 billion for fiscal 2018

The company also targets 19-20% compound annual adjusted earnings per share growth to $4.50 to $4.75.

"Our long-term targets are based largely on our expectations for continued success with our organic initiatives and acquisition strategy, combined with our financial strength and the growth potential of our global markets," said Joseph Gingo, Chairman, President and Chief Executive Officer of A. Schulman.