Industry News, Printers News

Graphic Packaging Reports 3Q 2020 Results

Net organic sales growth exceeds 4% to $1,697.7 million in 3Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging reported its third quarter 2020 results. Net sales increased 7.3% to $1,697.7 million in the third quarter of 2020, compared to $1,581.6 million in the prior year period. Net organic sales increased 4.2% in the quarter and increased 3.5% for the first nine months of 2020 versus the prior year period. Net income was $63.7 million versus $52.1 million in the prior year period. Adjusted EBITDA was $250.2 million versus $244.3 million in the prior year period. “We continue to de...

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