Industry News, Printers News

Graphic Packaging Reports Strong 4Q, Full Year 2022 Results

Net sales were $9,440 million versus $7,156 million in the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company reported net income for fourth quarter 2022 of $156 million, or $0.50 per share, based on 309 million weighted average diluted shares. This compares to fourth quarter 2021 net income of $39 million, or $0.13 per share, based on 309 million weighted average diluted shares.                               For the full year 2022, net income was $522 million, or $1.69 per share, based on 309 million weighted average diluted shares. This compares to 2021 net income ...

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