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On June 24, 2024, Sonoco announced it had entered into a definitive agreement to acquire Eviosys for approximately €3.6 billion.
November 22, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco Products Company reported financial results for its third quarter ended Sept. 29, 2024. Summary: • Achieved GAAP net income attributable to Sonoco of $51 million, adjusted EBITDA of $281 million, diluted earnings per share of $0.51 and adjusted diluted earnings per share of $1.49 • Generated productivity improvements of $39 million during the third quarter of 2024 and $141 million during the first nine months of 2024 • Generated $438 million of operating cash flow and $171 million o...
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