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Company delivers organic sales growth, margin expansion and significant increase in EBITDA year over year.
May 2, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Graphic Packaging Holding Company reported net income for first quarter 2022 of $107 million, or $0.35 per share, based upon 309.7 million weighted average diluted shares. This compares to first quarter 2021 net income of $54 million, or $0.19 per share, based upon 277.2 million weighted average diluted shares. Net sales increased 36% to $2,245 million in the first quarter of 2022, compared to $1,649 million in the prior year period. The $596 million increase was driven by $222 million of pos...
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