Industry News, Printers News

WestRock Reports Solid Results in Fourth Quarter and Fiscal 2016

WestRock recorded net sales of $3.612 billion, adjusted free cash flow of $226 million in 4Q 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced results for its fourth quarter and fiscal year ended Sept. 30, 2016.   In the fourth quarter of 2016, WestRock recorded net sales of $3.612 billion compared to $3.616 billion in 2015. The $4 million decline in net sales was primarily attributable to the impact of $10 million of volume, price and mix in the Corrugated and Consumer Packaging segments, partially offset by a $7 million increase due to the impact of foreign currency.   The company generated net cash fro...

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