Industry News, Printers News

Sonoco Reports Third Quarter 2021 Results

Third quarter 2021 net sales were a record $1.42 billion, compared with $1.31 billion in 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sonoco reported financial results for its third quarter ended Oct. 3, 2021. Third quarter 2021 net sales were a record $1.42 billion, compared with $1.31 billion in 2020. Cash flow from operations was $220.1 million in the first nine months of 2021, compared to $489.5 million in the same period of 2020. Free cash flow was $74 million in the first nine months of 2021, compared with $381.1 million in the same period of 2020. Free cash flow for the first nine months of 2021 included pension contri...

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