Industry News

Graphic Packaging Reports 4Q, Full Year 2012 Results

Full year 2012 net sales were $4,337.1 million, 3.1 percent higher than 2011

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for fourth quarter 2012 of $22.9 million, or $0.06 per share, based upon 392.2 million weighted average diluted shares. This compares to fourth quarter 2011 net income of $265.6 million, or $0.67 per share, based on 396.3 million weighted average diluted shares. The fourth quarter of 2011 was positively impacted by the release of a $265.2 million tax valuation allowance. Adjusted net income for the fourth quarter of 2012 was $33.2 million,...

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