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Reports sales of $4.2 billion, net cash of $740 million.
August 12, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
WestRock Company announced results for its fiscal third quarter ended June 30, 2020. Third quarter of fiscal 2020 financial highlights included net sales of $4.2 billion, a decrease of 9.7% compared to the prior year quarter. Segment EBITDA margins improved sequentially across both segments in a rapidly changing economic environment. WestRock generated net cash provided by operating activities of $740 million and has more than $3.2 billion of availability under long-term committed cr...
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