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Top-line and bottom-line results achieve double-digit improvement.
April 23, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco reported financial results for its first quarter, ending April 1, 2018. First quarter highlights included GAAP earnings per diluted share of $0.73, compared with $0.53 in 2017. First-quarter 2018 net sales were $1.30 billion, up 11.2%, from $1.17 billion in 2017. Cash flow from operations was $119.8 million in the first quarter of 2018, compared with $67.4 million in 2017. Free cash flow for the first quarter was $44.9 million, compared with $(18.4) million in 2017. Second Quarter...
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