Industry News, Printers News

WestRock Reports First Quarter Fiscal 2024 Results

Net sales were $4.6 billion; Corrugated Packaging segment sales increased 3.5% compared to the prior year quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal first quarter ended December 31, 2023. First quarter highlights and other notable items: • Net sales of $4.6 billion; Corrugated Packaging segment sales increased 3.5% compared to the prior year quarter • Global Paper containerboard shipments increased 21.9% compared to the prior year quarter • Net loss of $22 million, adjusted net income of $51 million; net loss included $66 million of restructuring and other costs, net • Loss of $0.09 pe...

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