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Fiscal year 2020 free cash flow guidance is $800 million.
July 31, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Berry Global Group, Inc. reported its third fiscal quarter 2019 results, referred to as the June 2019 quarter. The company reported net sales of $1.94 billion in the quarter, with operating income of $215 million and operating EBITDA of $348 million in the quarter. Cash flow from operations was $240 million in the quarter, and free cash flow was $136 million in the quarter. Fiscal year 2020 free cash flow guidance is $800 million. In the third quarter of 2019, Berry Global completed the acquis...
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