Industry News, Printers News

WestRock Reports 4Q 2020 Fiscal Results

Net sales of $4.5 billion increased sequentially by 5.6% and decreased by 3.9% compared to the prior year quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal fourth quarter and year ended Sept. 30, 2020. Net sales of $4.5 billion in the fourth quarter of fiscal 2020 increased sequentially by 5.6% and decreased by 3.9% compared to the prior year quarter. Packaging volumes increased sequentially 6.9% and 2.4% compared to the prior year quarter. WestRock reported a loss of $4.45 per diluted share and adjusted earnings per diluted share of $0.73 compared sequentially to $0.69 of earnings per diluted sha...

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