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Net sales decreased 6% or $155 million to $2,237 million in 2Q 2024, while net income was up $40 million to $190 million.
July 30, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company reported second quarter 2024 results. Net sales decreased 6% or $155 million to $2,237 million in the second quarter of 2024, compared to $2,392 million in the prior year period. The decline was driven by the divestiture of the Augusta, GA bleached paperboard manufacturing facility and reduced open market sales participation of $83 million and a net decline in sales from packaging operations of $73 million, primarily price and mix. Net income was $190 mi...
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