RE:tough business 100% a tough business. That's why the company is going after new customers, increased share of wallet, and new industries to generate moderate (or stable) revenue growth (after considering declines in the base business).
Earnings growth, in my opinion, will come from margin expansion. The completion of the ERP, price pass-throughs, additional restructing initiatives, and cost efficencies can driven EBITDA margins to 10% in the next two to three years. I wouldn't be suprised to see 100bp to 200bp margin improvement in 2019...which would add $3 million to $6 million in EBITDA (assuming flat revenues). Stable organic growth, margin improvement, and debt repayment is the focus for 2019...