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The company reported net sales of $1.95 billion in the quarter.
May 6, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Berry Global Group, Inc. reported its second fiscal quarter 2019 results, referred to in the following as the March 2019 quarter. The company reported net sales of $1.95 billion in the quarter, with operating income of $185 million in the quarter and operating EBITDA up 1% to $354 million. Consumer Packaging sales grew 6% in the quarter. Cash flow from operations was up 29% to $170 million in the quarter, and Berry reaffirmed fiscal 2019 free cash flow guidance of $670 million. “We generat...
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