Industry News, Printers News

WestRock Reports Record Net Sales in Fiscal 3Q 2021

Notes sales of $4.8 billion, 40% increase in net income to $250 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fiscal third quarter ended June 30, 2021. Notable items in the third quarter include record net sales of $4.8 billion, up 14% compared to the prior year quarter, and net income of $250 million, an increase of 40% compared to $179 million in the prior year quarter. Adjusted segment EBITDA of $811 million increased 15% compared to $708 million in the prior year quarter, while the company earned $0.93 per diluted share and $1.00 of adjusted earnings per ...

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