Graphic Packaging Q3 2021 Earnings Report
Key Takeaways
Graphic Packaging Holding Company reported a 5% increase in net sales to $1,782 million for the third quarter of 2021, compared to $1,698 million in the prior year period. Net income was $73 million, or $0.24 per share, compared to $64 million, or $0.23 per share, in the prior year quarter. Adjusted EBITDA was $284 million, positively impacted by pricing and net performance, offset by commodity input cost inflation.
Net Sales were $1,782 million versus $1,698 million in the prior year quarter.
Net Income was $73 million versus $64 million in the prior year quarter.
Earnings per Diluted Share were $0.24 versus $0.23 in the prior year quarter.
Adjusted Earnings per Diluted Share were $0.34 versus $0.26 in the prior year quarter.
Graphic Packaging
Graphic Packaging
Forward Guidance
Company provided guidance for next year’s projected Adjusted EBITDA of at least $1.4 billion.