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Improved gross margin to the highest level since 2009
October 25, 2013
By: DAVID SAVASTANO
Editor, Ink World Magazine
Bemis Company, Inc. reported third quarter 2013 diluted earnings of $0.52 per share on net sales of $1.3 billion. Excluding the effect of facility consolidation costs and the gain on sale of property, adjusted diluted earnings per share would have been $0.60 for the third quarter of 2013, consistent with the third quarter of 2012. Excluding the impact of currency, net sales for the quarter decreased by less than 1% compared to the third quarter of 2012. “This quarter’s performance demonstrate...
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