Industry News, Printers News

Graphic Packaging Reports 3Q 2021 Results

Net sales increased 5% to $1,782 million in the third quarter of 2021.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for third quarter 2021 of $73 million, or $0.24 per share, based upon 309 million weighted average diluted shares. This compares to third quarter 2020 net income of $64 million, or $0.23 per share, based upon 278 million weighted average diluted shares. Net sales increased 5% to $1,782 million in the third quarter of 2021, compared to $1,698 million in the prior year period. The $84 million increase was driven by $53 million of pricing, $20 ...

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