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Sep 30, 2020

Graphic Packaging Q3 2020 Earnings Report

Reported third quarter results, with net organic sales growth exceeding 4%.

Key Takeaways

Graphic Packaging Holding Company reported Net Income for third quarter 2020 of $63.7 million, or $0.23 per share. Net sales increased 7.3% to $1,697.7 million. Net organic sales increased 4.2% in the quarter.

Net Sales were $1,697.7 million versus $1,581.6 million in the prior year period.

Net organic sales increased 4.2% in the quarter.

Net Income was $63.7 million versus $52.1 million in the prior year period.

Adjusted Earnings per Diluted Share were $0.26 versus $0.20 in the prior year period.

Total Revenue
$1.7B
Previous year: $1.58B
+7.3%
EPS
$0.26
Previous year: $0.2
+30.0%
Adjusted EBITDA
$250M
Previous year: $244M
+2.4%
Net Leverage Ratio
3.44
Capital Expenditures
$119M
Previous year: $71.6M
+66.3%
Gross Profit
$256M
Previous year: $266M
-4.1%
Cash and Equivalents
$55.5M
Previous year: $48.7M
+14.0%
Total Assets
$7.68B
Previous year: $7.19B
+6.8%

Graphic Packaging

Graphic Packaging

Forward Guidance

Any statements of the Company's expectations in this press release constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995.