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Third quarter 2016 net sales were $1.21 billion, with free cash flow of $85.2 million.
October 21, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco reported financial results for its third quarter, ending October 2, 2016. In 3Q 2016, GAAP earnings per diluted share were $0.64, compared with $0.43 in 2015. Third quarter 2016 net sales were $1.21 billion, down from $1.24 billion in 2015. Cash flow from operations was $162.6 million in the third quarter of 2016, compared with $145.1 million in 2015. Free cash flow for the third quarter was $85.2 million, compared with $55.9 million in 2015. During the third quarter, Sonoco r...
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