Industry News, Printers News

WestRock Reports Fiscal 4Q 2021 Results

Company reports record net sales of $5.1 billion, up 14%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal fourth quarter and year ended Sept.r 30, 2021. Notable items in the fourth quarter include record net sales of $5.1 billion, an increase of 14% compared to $4.5 billion in the prior year quarter. Net income was $324 million compared to a net loss of $1,156 million in the prior year quarter, which included a $1,314 million goodwill impairment net of tax. Adjusted segment EBITDA was $878 million, an increase of 22% compared to $721 million in the...

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