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Full-year net sales increased to $4,298.1 million versus $4,160.2 million in the prior year.
February 7, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company reported net income for fourth quarter 2016 of $34.9 million, or $0.11 per share, based upon 317.9 million weighted average diluted shares. This compares to fourth quarter 2015 net income of $57.2 million, or $0.17 per share, based on 329.6 million weighted average diluted shares. Fourth quarter 2016 net income was negatively impacted by $9.8 million (net of a $4.1 million tax benefit) of business combinations and other special charges. When adjusting for th...
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