Industry News, Printers News

Bemis Company Reports 2Q 2016 Results

Announces restructuring program in Latin America, reflecting in part the further integration of the Emplal acquisition.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Bemis Company, Inc. reported second quarter 2016 diluted earnings per share from continuing operations of $0.53. The net impact of currency translation decreased earnings per share in the second quarter of 2016 by approximately $0.02, as compared to the prior second quarter.   “We continue to execute our strategy to meet our long-term financial goals,” said William F. Austen, Bemis Company’s president and CEO. “In our US business, our asset recapitalization program continues to enhance margins...

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