Industry News, Printers News

Graphic Packaging Reports 4Q, Full Year 2019 Results

Announces initial $250 million acquisition of International Paper's minority ownership interest in partnership.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for fourth quarter 2019 of $33 million, or $0.11 per share, based on 291.7 million weighted average diluted shares. This compares to fourth quarter 2018 net income of $47.5 million, or $0.15 per share, based on 306.8 million weighted average diluted shares.       For the full year 2019, net income was $206.8 million, or $0.70 per share, based on 294.8 million weighted average diluted shares. This compares to 2018 net income of $221.1 million...

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