Industry News, Printers News

Packaging Corporation of America Reports 4Q, Full Year 2018 Results

Full year 2018 net sales were $7.01 billion compared to 2017 net sales of $6.44 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Packaging Corporation of America reported fourth-quarter 2018 net income of $205 million, or $2.16 per share and $2.17 per share excluding special items. Fourth quarter net sales were $1.75 billion in 2018 and $1.68 billion in 2017. Full-year 2018 net income was $738 million, or $7.80 per share and $8.03 per share excluding special items. Full-year 2018 net sales were $7.01 billion compared to 2017 net sales of $6.44 billion.   “Our containerboard mills established a new fourth quarter productio...

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