Industry News, Printers News

Sonoco Reports Record 1Q 2022 Results

First quarter 2022 net sales were a record $1.77 billion, compared with $1.35 billion in the same period in 2021.

Sonoco reported financial results for its first quarter ended April 3, 2022. First quarter 2022 net sales were a record $1.77 billion, compared with $1.35 billion in the same period in 2021. First quarter 2022 GAAP earnings per diluted share were $1.17, compared with $0.71 in the same period in 2021. Base net income attributable to Sonoco (base earnings) for the first quarter 2022 was a record $1.85 per diluted share, compared with $1.00 per diluted share in the same period of 2021. Cas...

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