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Cash flow from operations was $489.5 million in the first nine months of 2020, compared to $238.8 million in 2019.
October 27, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco reported financial results for its third quarter ended Sept. 27, 2020. Third-quarter 2020 net sales were $1.31 billion, compared with $1.35 billion in 2019. Cash flow from operations was $489.5 million in the first nine months of 2020, compared to $238.8 million in 2019. Free cash flow was $251.6 million, compared with a use of $32.5 million in the first nine months of 2019. Full-year 2020 cash from operations and free cash flow is expected to be in a range of $6...
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