Industry News, Printers News

Graphic Packaging Reports 4Q, Full-Year 2024 Results

Full-year net sales were $8,807 million, compared to $9,428 million in 2023, with adjusted EBITDA margin 19.1 vs. 19.9% in 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported fourth-quarter and full-year 2024 results. Net sales decreased 7% or $621 million to $8,807 million for the full year 2024, compared to $9,428 million in the prior year. The decline was driven by a $389 million negative impact from the divestiture of the Augusta, GA bleached paperboard manufacturing facility and bleached paperboard price and volume declines, and a $235 million net decline in sales from packaging operations, where price and volume dec...

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