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Second quarter net sales were $1.42 billion in 2016, with net income of $116 million.
July 22, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Packaging Corporation of America reported second quarter 2016 net income of $116 million, or $1.23 per share and $1.25 per share excluding special items. Second quarter net sales were $1.42 billion in 2016 and $1.45 billion in 2015. Corrugated products shipments were up 2.2% in total and up 0.6% per workday compared to the second quarter of 2015. Packaging segment price and mix was lower than the second quarter of 2015, but up compared to the first quarter of 2016. Containerboard production ...
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