Industry News, Printers News

Graphic Packaging Holding Company Reports First Quarter 2015 Results

Q1 Adjusted Earnings per Diluted Share increased $0.04 to $0.17 from $0.13 in the prior year period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding reported net income for first quarter 2015 of $55.1 million, or $0.17 per share, based upon 331.9 million weighted average diluted shares. This compares to first quarter 2014 net income of $35.2 million, or $0.11 per share, based on 330.3 million weighted average diluted shares.   Net sales decreased 6.0% to $1,008.2 million in the first quarter of 2015, compared to $1,072.7 million in the prior year period. Excluding $113.9 million of sales in the prior year period f...

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