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Net sales increased 18% to $1.8 billion, with cash flow from operations up 7% to $153 million.
February 8, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Berry Global Group, Inc. reported results for its first fiscal 2018 quarter, ending in December 2017. Net income was $163 million, and net income per diluted share increased to $1.20 compared to $0.40 in the prior year quarter. Adjusted net income per diluted share was up 34% to $0.67. Net sales increased 18% to $1.8 billion. Operating income increased by 12% to $163 million. Operating EBITDA was $310 million (17.5% of net sales), an increase of 12%. Cash flow from operations increased b...
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