Graphic Packaging Holding Company reported Q3 2020 net sales of $1,697.7 million, a 7.3% increase from $1,581.6 million in Q3 2019. Net income rose to $63.7 million or $0.23 per share, up from $52.1 million or $0.18 per share year-over-year. Adjusted EBITDA reached $250.2 million, reflecting a $5.9 million increase from the previous year. Capital expenditures rose to $119.1 million, driven by investment in a new coated recycled board paper machine. The company maintained liquidity of $1,557.1 million at quarter-end.

Graphic Packaging International (GPI), a leader in paper-based packaging, won multiple prestigious awards at the 2020 Paperboard Packaging Council's carton competition. Highlights include the Paperboard Package of the Year and Innovation Award for the KeelClip™, a sustainable design that replaces plastic rings in beverage packaging. Additionally, PaperSeal® received the Sustainability Award for cutting plastic use by 90% in food packaging. GPI's unique curved carton for Stella Artois claimed the Folding Carton of the Year award, showcasing innovative design and consumer convenience.

Graphic Packaging Holding Company (NYSE: GPK) will report its third quarter 2020 financial results on October 20 before market opening. A conference call to discuss the results is scheduled for 10:00 a.m. ET, with access available via webcast and telephone. Participants can join by dialing 833-900-1527 in the U.S. or Canada, and 236-384-2052 internationally. The company has also set February 2, 2021 for the release of its fourth quarter and full-year 2020 results.

Graphic Packaging International has announced a private offering of $350 million in senior unsecured notes due 2029, with an interest rate of 3.500%, expected to close by August 28, 2020. The net proceeds, estimated at $344 million after costs, will be used to reduce outstanding borrowings from the revolving credit facility, cover expenses, and for general corporate purposes. The offering is limited to qualified institutional buyers and will not be registered under the Securities Act. The company is a leading provider of paper-based packaging solutions across various sectors.

Graphic Packaging announced a private offering of $350 million in senior unsecured notes due 2029. These notes will be guaranteed by its affiliates and future material domestic subsidiaries. The company plans to use the proceeds to reduce outstanding borrowings under its revolving credit facility and cover offering-related expenses. The offering is conducted in reliance on exemptions under the Securities Act, limiting sales to qualified institutional buyers and non-U.S. investors. This move is aimed at enhancing financial flexibility amid ongoing market conditions.

Graphic Packaging (NYSE: GPK) has confirmed its plan to acquire an additional 17.4 million partnership units from International Paper for $250 million. This transaction will increase Graphic Packaging's ownership interest in Graphic Packaging International Partners, LLC from 81.1% to 85.5%. The acquisition will be financed through cash reserves and a draw on the company’s revolving credit facility. The announcement highlights the company's strategy to strengthen its position in the market.

Graphic Packaging Holding Company (NYSE: GPK) announced a quarterly dividend of $0.075 per share, payable on October 5, 2020, to stockholders of record by September 15, 2020. This move reflects the company's commitment to shareholder returns and positions GPK favorably within the competitive landscape of paper-based packaging solutions. With a strong operational base and significant market presence in the U.S., Graphic Packaging continues to serve leading global brands across various sectors.

Graphic Packaging Holding Company (NYSE: GPK) reported Q2 2020 net sales of $1,611.0 million, a 4% increase from the prior year. However, net income decreased to $52.1 million from $63.8 million in Q2 2019, with earnings per diluted share at $0.19. Adjusted EBITDA fell to $260.0 million, down 3% year-over-year.

Despite challenges, the company reinstated guidance for full-year 2020, forecasting adjusted EBITDA between $1.05 billion and $1.09 billion. Available global liquidity stood at $1,412.9 million.

Graphic Packaging Holding Company (NYSE: GPK) will release its second quarter 2020 financial results on July 21, 2020, before the market opens. A conference call to discuss these results will occur at 10:00 a.m. ET. Participants can join via webcast or by telephone, with dialing instructions provided in the release. Additionally, the company has scheduled October 20, 2020, for the announcement of third quarter financial results. Graphic Packaging is a leader in paper-based packaging solutions for various consumer products.