User:KendrickBoxer
We expect to deliver revenue growth of approximately 4% on a pro forma basis for the full year with stronger growth in the back of the year.EBITDA nearly tripled versus the first quarter of 2017 driven by the strong margins in the Royal Roofing business. From a margin perspective there will be a market improvement due to the combination of the two businesses, as well as the impact of volume leverage, raw material synergies and some operating synergy towards the end of the year. As we continue to improve the underlying performance of the foreign business and realize these raw material manufacturing cost synergies, we expect to improve EBITDA margin on a pro forma basis in 2018 by about 200 basis points in this segment to a margin of about 18%.Lastly, in Engineering Adhesives we continue to show strong growth with organic growth in the mid teens.
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