Ashland reports financial results1 for fourth quarter and fiscal year 2021; issues outlook for fiscal year 2022

Sales of $591 million, up twelve percent from the prior-year quarter; net income of $43 million, or $0.72 per diluted share; income from continuing operations of $33 million, or $0.55 per diluted share; adjusted income from continuing operations excluding intangibles amortization expense of $73 million, or $1.22 per diluted share; adjusted ebitda of $149 million; cash flows provided by operating activities of $151 million; free cash flows of $120 million sales of $591 million, up twelve percent from the prior-year quarter; net income of $43 million, or $0.72 per diluted share; income from continuing operations of $33 million, or $0.55 per diluted share; adjusted income from continuing operations excluding intangibles amortization expense of $73 million, or $1.22 per diluted share; adjusted ebitda of $149 million; cash flows provided by operating activities of $151 million; free cash flows of $120 million
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