Industry News, Printers News

Sonoco Reports 2Q 2021 Results

Second quarter 2021 net sales were $1.38 billion, compared with $1.25 billion in 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sonoco reported financial results for its second quarter ended July 4, 2021. Second quarter 2021 net sales were $1.38 billion, compared with $1.25 billion in 2020. Gross profit was $262.7 million in the second quarter of 2021 compared to $248 million in the same period in 2020. Cash flow from operations was $102 million in the first half of 2021, compared to $282 million in the first half of 2020. Free cash flow was $9.4 million in the first half of 2021, compared with $210.4 million in the fir...

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