Industry News, Printers News

WestRock Reports Results for Fiscal 2017 Second Quarter

Generated net cash from operating activities of $300 million and adjusted free cash flow of $109 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal second quarter ended March 31, 2017. The company reported that it earned $0.40 per diluted share and $0.54 of adjusted earnings per diluted share. It generated net cash from operating activities of $300 million and adjusted free cash flow of $109 million.   WestRock continued its portfolio transformation with the completion of the sale of the Home, Health and Beauty business, generating net after-tax proceeds of approximately $1 billion, as wel...

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