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Record first quarter net sales of $5 billion increased 12.5% year-over-year, while net income of $182 million increased 19.9% year-over-year.
February 4, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
WestRock Company announced results for its fiscal first quarter ended December 31, 2021. Net sales were $4.952 billion, an increase of $551 million or 12.5% year-over-year. Paper segment sales increased $262 million, Corrugated Packaging segment sales increased $201 million, Consumer Packaging segment sales increased $76 million and Distribution segment sales increased $21 million. Net income increased $30 million to $182.3 million, or 19.9%, year-over-year primarily due to higher pricing ...
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