Industry News, Printers News

Berry Global Group Reports 3Q Fiscal 2017 Results

Cash flow from operations for the last four quarters ended June 2017 was $870 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Berry Global Group, Inc. reported results for its third fiscal 2017 quarter.   Net income for the June 2017 quarter was $107 million ($0.79 per diluted share) compared to $96 million ($0.76 per diluted share) in the prior year quarter. Adjusted net income per diluted share in the June 2017 quarter was 13% higher at $0.93 compared to $0.82 in the prior year quarter.   Net sales increased 16% over the prior year quarter and was a quarterly record at $1.906 billion. Operating income for the qua...

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