Industry News

Graphic Packaging Reports 1Q 2014 Results

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Graphic Packaging Holding Company reported net income for first quarter 2014 of $35.2 million, or $0.11 per share, based upon 330.3 million weighted average diluted shares. This compares to first quarter 2013 net income of $34.9 million, or $0.10 per share, based on 350.4 million weighted average diluted shares. First quarter 2014 net income included $9.3 million of restructuring and other special charges (including tax impact) primarily related to the sale of the company’s labels business. ...

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