Industry News

Bemis Company Reports 2Q 2013 Results

U.S., global packaging sales decline slightly

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Bemis Company, Inc. reported second quarter 2013 diluted earnings of $0.51 per share on net sales of $1.3 billion. Excluding the impact of currency, net sales for the quarter decreased by 0.7% compared to the second quarter of 2012. “This quarter, we closed the last of the nine facilities in our facility consolidation program, achieved our highest gross margin since 2009, and reduced working capital levels,” said Henry Theisen, Bemis Company’s president and CEO. “Our focused efforts to ...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters