Industry News, Printers News

Berry Global Reports 3Q Fiscal 2018 Results

Reaffirmed adjusted free cash flow guidance of $630 million for fiscal year 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Berry Global Group, Inc. reported results for its third fiscal 2018 quarter, referred to in the following as the June 2018 quarter.   The company reported net income per diluted share up 3% to $0.81 and adjusted net income per diluted share are up 7% to $0.96. Net sales increased 9% to $2.1 billion. Operating income increased by 2% to $216 million. Operating EBITDA was $374 million, an increase of 3%.   Berry reaffirmed adjusted free cash flow guidance of $630 million for fiscal year 2018, i...

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