Industry News, Printers News

WestRock Reports Fiscal 2020 First Quarter Results

Had net sales of $4.42 billion, an increase of 2.2% compared to the 1Q 2020, and generated net cash of $431 million compared to $303 million in 1Q 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal first quarter ended Dec. 31, 2019. Notable items in the first quarter of fiscal 2020 included net sales of $4.42 billion, an increase of 2.2% compared to the prior year quarter. WesteRock earned $0.53 per diluted share and $0.58 of adjusted earnings per diluted share compared to $0.54 per diluted share and $0.83 of adjusted earnings per diluted share in the prior year quarter. The company generated net cash provided by operating activities of $...

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