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Company notes 5% net organic sales growth driven by strong demand for fiber-based consumer packaging.
July 29, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company reported its second quarter 2021 results. Net sales increased 8% to $1,737 million in the second quarter of 2021, compared to $1,611 million in the prior year period. The $126 million increase was driven by $76 million of improved volume/mix related to organic growth from conversions to fiber-based packaging solutions, $14 million of pricing and $36 million of favorable foreign exchange. Net organic sales increased 5% in the quarter driven by demand for sustain...
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