Industry News, Printers News

Graphic Packaging Holding Company Reports 3Q 2022 Results

Net sales were $2,451 million versus $1,782 million in the prior year quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported its 3Q 2022 results. Net sales increased 38% to $2,451 million in the third quarter of 2022, compared to $1,782 million in the prior year period. The $669 million increase was driven by $334 million of pricing and $380 million of improved volume/mix, partially offset by $45 million of unfavorable foreign exchange. EBITDA for the third quarter of 2022 was $432 million, compared to $246 million in the prior year period. After adjusting both periods for...

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