Graphic Packaging Holding Company Reports Second Quarter 2014 Results
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Graphic Packaging Holding Company Reports Second Quarter 2014 Results
Q2 Net Sales increased $30.4 million or 2.8%, after adjusting for the impact of divested businesses.
Q2 Adjusted Earnings per Diluted Share increased to $0.20 versus $0.13 in the prior year period.
Q2 Adjusted EBITDA increased to $190.8 million versus $175.1 million in the prior year period.
Acquired U.K.-based Benson Group and completed sale of multi-wall bag business.
Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), a leading provider of packaging solutions to food, beverage and other consumer products companies, today reported a Net Loss for second quarter 2014 of $40.0 million, or $0.12 per share, based upon 328.7 million weighted average shares. This compares to second quarter 2013 Net Income of $21.2 million, or $0.06 per share, based on 351.5 million weighted average diluted shares.
Source: Press Release Graphic Packaging Holding
