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Free cash flow was $260.2 million, compared with $11.5 million in 2017.
February 18, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco reported financial results for its fourth quarter and full year, both ending Dec. 31, 2018. Fourth-quarter 2018 GAAP earnings per diluted share were $0.77, compared with $0.06 in 2017. Prior-year results included a net after-tax charge of $0.67 per diluted share mostly due to the impact of the 2017 U.S. Tax Cuts and Jobs Act, as well as restructuring expenses, acquisition costs and other one-time items. Full-year 2018 GAAP earnings per diluted share were $3.10, compared to $1.74 in 20...
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