Industry News, Printers News

Packaging Corporation of America Reports Third Quarter 2018 Results

Third quarter net sales were $1.8 billion in 2018 and $1.6 billion in 2017.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Packaging Corporation of America reported third-quarter 2018 net income of $207 million, or $2.18 per share, and net income of $211 million, or $2.23 per share, excluding special items. Third quarter net sales were $1.8 billion in 2018 and $1.6 billion in 2017.   “Our containerboard and corrugated products price increases continued to be implemented as planned, and demand in our Packaging segment remained strong,” Mark Kowlzan, chairman and CEO, said, “Our containerboard mills ran very well, and...

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