Industry News, Printers News

Packaging Corporation of America Reports 4Q, Full Year 2019 Results

Full year 2019 net income was $726 million, or $7.65 per share, excluding special items, with full year net sales of $7 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Packaging Corporation of America reported fourth quarter 2019 net income of $136 million, or $1.43 per share, and net income of $163 million, or $1.71 per share, excluding special items. Fourth quarter net sales were $1.7 billion in both 2019 and 2018. Full year 2019 net income was $696 million, or $7.34 per share, and net income of $726 million, or $7.65 per share, excluding special items. Full year net sales were $7 billion in both 2019 and 2018. In the Packaging segment, total corrugated pro...

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