Industry News, Printers News

Graphic Packaging Reports 2Q 2015 Results

Net income for 2Q 2015 of $57.6 million, compared to loss of $40 million in 2Q 2014.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for second quarter 2015 of $57.6 million, or $0.17 per share, based upon 330.9 million weighted average diluted shares. This compares to the second quarter 2014 net loss of $40 million, or $(0.12) per share, based on 328.7 million weighted average diluted shares.   Net sales decreased 5.3% to $1,057.1 million in the second quarter of 2015, compared to $1,116.7 million in the prior year period. Excluding $107.7 million of sales in the prior ...

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