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Net sales in 2023 were $9,428 million, flat versus the prior year, while adjusted EBITDA was $1,876 million, up 17%.
February 22, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company reported results for the fourth quarter and full year 2023. Net sales decreased 6% to $2,249 million in the fourth quarter of 2023, compared to $2,386 million in the prior year period. The $137 million decrease was driven by $198 million of unfavorable volume/mix. This was partially offset by $40 million of positive pricing and $21 million of favorable foreign exchange impact. Net sales decreased slightly to $9,428 million for the full year 2023, compared ...
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