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Full year 2016 net sales were $5.78 billion, with earnings of $450 million for the full year.
January 31, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Packaging Corporation of America reported fourth quarter 2016 net income of $111 million, or $1.17 per share and $1.23 per share excluding special items. Fourth quarter net sales were $1.5 billion in 2016 and $1.4 billion in 2015. Full year 2016 earnings were $450 million, or $4.75 per share and $4.88 per share excluding special items. Full year 2016 net sales were $5.78 billion compared to 2015 net sales of $5.74 billion. In the Packaging segment, total corrugated products shipments were up...
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