Raven Industries (NASDAQ: RAVN) announced fiscal first-quarter 2018 results on Monday after the market closed, including strong growth across all segments, led by a nearly 50% increase from engineered films. Let’s take a closer look both at what drove business at the mini-industrial conglomerate as it kicked off the new fiscal year, and at what investors can expect going forward.
Raven Industries’ fish hatchery liners. Image source: Raven Industries.
Fiscal Q1 2018*