Industry News, Printers News

Bemis Company Reports 2017 Results, 2018 Outlook

Solid 4Q 2017 performance is within the company’s most recent expectations.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Bemis Company, Inc. reported financial results for its fourth quarter ended Dec. 31, 2017. Cash flow from operations are expected to be in the range of $420 to $450 million, which includes approximately $50 million of restructuring and related cash costs.   “We made progress during the second half of 2017, as reflected in adjusted operating profit that was up nearly $35 million compared to the first half of the year. This increase reflects operational improvements and the early benefits of Agi...

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