Industry News, Printers News

Berry Global Group Reports 2Q Fiscal 2017 Results

Net sales increased 12% over the prior year quarter and was a quarterly record at $1.806 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Berry Global Group, Inc. reported results for its second fiscal 2017 quarter, referred to in the following as the March 2017 quarter.   Net income for the March 2017 quarter was $72 million ($0.54 per diluted share) compared to $59 million ($0.47 per diluted share) in the prior year quarter. Adjusted net income in the March 2017quarter was 36% higher at $0.79 per diluted share compared to $0.58 per diluted share in the prior year quarter.   Net sales increased 12% over the prior year quarter...

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