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Net sales were $2,392 million, an increase of 1% versus the prior year quarter, while adjusted EBITDA was $453 million, an increase of 14%.
August 3, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company, a leading fiber-based consumer packaging company, reported results for the second quarter of 2023. Net sales increased 1% to $2,392 million in the second quarter of 2023, compared to $2,358 million in the prior year period. The $34 million increase was driven by $188 million of positive pricing, partially offset by $154 million of unfavorable volume/mix. EBITDA for the second quarter of 2023 was $434 million, $140 million higher than the second quarter of...
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