Industry News, Printers News

Graphic Packaging Reports 4Q, Full Year 2020 Results

Net sales were $6,560 million versus $6,160 million in the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported positive results for 2020, with net sales up 6.5% up for the year, while also announcing some key investments coming up in the coming year. Net income for fourth quarter 2020 of $64.2 million, or $0.24 per share, based on 270.3 million weighted average diluted shares. This compares to fourth quarter 2019 net income of $33 million, or $0.11 per share, based on 291.7 million weighted average diluted shares.                Net sales increased 8.7% to $1,6...

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