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Dec 31, 2019
Graphic Packaging Q4 2019 Earnings Report
Graphic Packaging reported Q4 2019 results.
Key Takeaways
Graphic Packaging Holding Company reported Net Income for fourth quarter 2019 of $33.0 million, or $0.11 per share. Net Sales increased 0.7% to $1,519.8 million in the fourth quarter of 2019, compared to $1,509.3 million in the prior year period.
Net Sales were $1,519.8 million versus $1,509.3 million in the prior year period.
Net Income was $33.0 million compared to fourth quarter 2018 Net Income of $47.5 million.
Adjusted Net Income for the fourth quarter of 2019 was $67.0 million, or $0.23 per diluted share compared to fourth quarter 2018 Adjusted Net Income of $69.4 million, or $0.23 per diluted share.
Adjusted EBITDA increased $10.7 million to $258.8 million in the fourth quarter of 2019 from $248.1 million in the fourth quarter of 2018.
Forward Guidance
Graphic Packaging expects to generate 100 to 200 basis points of sustainability supported net organic volume growth in 2020, driven by conversion of new and existing customers to our paperboard packaging solutions. Graphic Packaging is well-positioned to achieve another year of improved profitability and growth.
Positive Outlook
- Expect to generate 100 to 200 basis points of sustainability supported net organic volume growth in 2020
- Driven by conversion of new and existing customers to our paperboard packaging solutions
- Well-positioned to achieve another year of improved profitability
- Strong cash flow generation
- Healthy balance sheet
Challenges Ahead
- Inflation of raw material and energy costs
- Volatility in raw material and energy costs
- Continuing pressure for lower cost products
- Company’s ability to implement its business strategies, including productivity initiatives, cost reduction plans, and integration activities
Historical Earnings Impact
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Avg. Return Before/After Earnings
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