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Net sales increased 34% year-over-year to $1.9 billion from strategic pricing performance, strong results from the Sonoco Metal Packaging.
November 2, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco Products Company reported financial results for its third quarter ended Oct. 2, 2022. Third Quarter 2022 Highlights • Third-quarter results exceeded the high end of guidance. • Announced the Skjern Paper acquisition to expand production capacity in Europe. • Launched state-of-the-art uncoated recycled paperboard (URB) #10 machine in the Hartsville Mill Complex. • Released updated Corporate Responsibility Report highlighting commitments to ESG initiatives. • Continued progress on s...
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