Harbinger Group Inc.
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SEC Filings

8-K
HRG GROUP, INC. filed this Form 8-K on 05/09/2016
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Spectrum continues to deliver strong growth through product and geography expansion, and smart M&A 6 Consumer Products  Record second quarter financial performance at Spectrum  13.4% reported revenue growth, despite ongoing F/X headwinds —4.9% currency-consistent organic revenue growth —Broad-based growth, reflecting contributions from nearly all businesses —Record results in Home and Garden and Hardware and Home Improvement  44.3% increase in Adjusted EBITDA to $229.6 million —19.0% Adjusted EBITDA margin, up 410 basis points from 2Q15 —38.3% gross profit margins, up 320 basis points from 2Q15  Continue to expect 7th consecutive year of record financial performance in 2016 —Sales expected to increase in high-single digit range (including acquisitions, partially offset by negative F/X) —Growth in free cash flow in Fiscal 2016 to between $505-$515 million  We believe Spectrum remains significantly undervalued relative to its Consumer Products peer group based on multiples of EBITDA or free cash flow


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