Industry News, Printers News

Graphic Packaging Reports 3Q 2013 Results

Net sales increased 5.3 percent to $1,163.0 million during third quarter 2013 versus the prior year period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for third quarter 2013 of $44.5 million, or $0.13 per share. This compares to third quarter 2012 net income of $40.1 million, or $0.10 per share. Net sales increased 5.3% to $1,163.0 million during third quarter 2013, compared to third quarter 2012 Net Sales of $1,104.7 million. The $58.3 million increase resulted from $70.0 million of favorable volume/mix, partially offset by $6.5 million of unfavorable exchange rates and $5.2 million of ...

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