Industry News, Printers News

Berry Global Group, Inc. Reports 4Q, Fiscal Year 2019 Results

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Berry Global Group, Inc. reported its fourth quarter and fiscal year 2019 results. In the fourth quarter, the company completed the acquisition of RPC Group Plc (RPC) on July 1, 2019. Net sales were up 47% to more than $3 billion. Operating income was up 105% to $398 million, and operating EBITDA is up 44% to $497 million. Cash flow from operations is up 41% to $630 million, and free cash flow is up 26% to $480 million. For the fiscal year, net sales increased 13% to $8.9 billion, while operat...

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