Forbes magazine has listed Multi-Color Corporation, of Sharonville, OH, USA, among its 200 Best Small Companies. Multi-Color, one of North America’s largest label converters, is ranked 86th in the group with revenues of $229 million for last 12 month period.
Forbes judged candidates with revenues between $5 million and $750 million and share prices above $5 as of October 1, 2007 — according to return on equity, as well as sustained sales and net profit growth over 12-month and five-year periods. Multi-Color’s financial performance includes a five-year annual revenue growth of 25.2 percent, and earnings per share growth of 15 percent, giving investors an overall five-year annual return of 22 percent.
“Being selected for the Forbes list of Best Small Companies is truly an exciting achievement for us,” says Frank Gerace, president and CEO of Multi-Color. “It solidly reflects the hard work and commitment of all Multi-Color associates who have brought high value products and service to our customers — and high return to our shareholders in the process. We have recorded our ninth consecutive year of increased sales and operating income, and our third consecutive year of rewarding shareholders with a quarterly dividend.”
Multi-Color was similarly honored by Forbes magazine in 2005, ranked 41st in the 200 Best Small Companies in America list.