Industry News, Printers News

Graphic Packaging Reports Strong 4Q, Full Year 2014 Results

Q4 Adjusted EBITDA increased to $171.8 million versus $158.3 million in the prior year period

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for fourth quarter 2014 of $41.5 million, or $0.13 per share, based upon 331.0 million weighted average diluted shares. This compares to fourth quarter 2013 net income of $46.0 million, or $0.13 per share, based on 344.8 million weighted average diluted shares.   Including the tax impact, fourth quarter 2014 net income was negatively impacted by $28.6 million of special charges (the largest charges relating to the refinancing and retirement...

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