Milacron Holdings Corp. announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2016. For the quarter, the company reported sales of $289.1 million, operating earnings of $8.8 million, adjusted EBITDA of $53.6 million or diluted adjusted EPS of $0.47, cash flow from operations of $55.4 million, loss before income taxes of $6.5 million, net earnings of $1.1 million or diluted EPS of $0.02, compared to the sales of $306.3 million, operating earnings of $33.8 million, adjusted EBITDA of $58.9 million or diluted adjusted EPS of $0.48, cash flow from operations of $28.7 million, earnings before income taxes of $18.2 million, net earnings of $15.5 million or diluted EPS of $0.22, for the same quarter a year ago.

For the year, the company reported sales of $1,166.7 million, operating earnings of $105.6 million, adjusted EBITDA of $212.8 million or diluted adjusted EPS of $1.51, cash flow from operations of $116.2 million, earnings before income taxes of $44.7 million, net earnings of $30.5 million or diluted EPS of $0.43, purchases of property and equipment of $57.3 million compared to the sales of $1,179.5 million, operating earnings of $71.8 million, adjusted EBITDA of $213.4 million or diluted adjusted EPS of $1.4, cash flow from operations of $23 million, loss before income taxes of $18.4 million, net loss of $38.8 million or diluted EPS of $0.65, purchases of property and equipment of $52.7 million for the previous year.

The company expects forecasts 0% to 2% organic sales growth in 2017, which is in line with current market conditions. Adjusted EBITDA is forecasted to be between $219 million and $225 million. Free Cash Flow before restructuring is forecasted to be between $95 million and $105 million. Capital expenditures are expected to be $50 million and interest expense of $43 million. The company also expects effective tax rate of 27%.