Industry News, Printers News

Packaging Corporation of America Reports 4Q, Full Year 2017 Results

Full year 2017 net sales were $6.4 billion, with net income of $669 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Packaging Corporation of America reported fourth quarter 2017 net income of $269 million, or $2.84 per share and $1.56 per share excluding special items. Fourth quarter net sales were $1.7 billion in 2017 and $1.5 billion in 2016. Full year 2017 net income was $669 million, or $7.07 per share and $6.02 per share excluding special items. Full year 2017 net sales were $6.4 billion compared to 2016 net sales of $5.8 billion.   “Demand in our Packaging segment remained very strong as sales volumes...

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