Industry News

Graphic Packaging Reports 3Q 2018 Results

Net sales increased 35% to $1,530.0 million in the third quarter of 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for third quarter 2018 of $94.3 million, or $0.30 per share, based upon 311.5 million weighted average diluted shares. This compares to third quarter 2017 net income of $47.3 million, or $0.15 per share, based on 310.9 million weighted average diluted shares.   Net sales increased 35% to $1,530.0 million in the third quarter of 2018, compared to $1,137.6 million in the prior year period. The $392.4 million increase was driven by $352.7 mill...

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