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Graphic Packaging Holding Company - GPK STOCK NEWS

Welcome to our dedicated page for Graphic Packaging Holding Company news (Ticker: GPK), a resource for investors and traders seeking the latest updates and insights on Graphic Packaging Holding Company stock.

About Graphic Packaging Holding Company (NYSE: GPK)

Graphic Packaging Holding Company, headquartered in Atlanta, Georgia, is a global leader in the consumer packaging industry. The company specializes in creating sustainable, fiber-based packaging solutions for a wide range of products including food, beverages, foodservice, and other consumer goods. Through its subsidiaries, the company operates in three main segments: Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.

Graphic Packaging is known for its extensive portfolio which includes folding cartons, unbleached paperboard, coated recycled board, and microwave packaging. The majority of its revenue comes from the Americas Paperboard Packaging segment, which caters predominantly to consumer packaged goods (CPG) and quick-service restaurants (QSR).

Committed to innovation and sustainability, Graphic Packaging continually advances its technology and product offerings to meet the evolving demands of consumers and businesses alike. Notably, the company has set ambitious goals under its Vision 2030 plan, aimed at expanding its market reach and reducing its environmental footprint.

Recent achievements include the launch of the state-of-the-art K2 recycled paperboard machine, which has significantly enhanced production efficiency and quality. The company has also reported strong financial performance, with net sales of $2.349 billion in Q3 2023 and a solid adjusted EBITDA growth.

In line with its growth strategy, Graphic Packaging has made strategic acquisitions such as Bell Incorporated, improving its integration rates and expanding its product categories. The company also announced the sale of its Augusta, Georgia bleached paperboard manufacturing facility to Clearwater Paper, a move expected to enhance its operational focus.

For more detailed financial metrics and latest news, Graphic Packaging consistently updates investors and stakeholders through earnings calls and periodic filings with the SEC. The company's commitment to innovation and sustainability continues to make it a preferred choice for some of the world's most renowned brands.

Additional information about Graphic Packaging, its business operations, and product portfolio can be found on their official website.

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Graphic Packaging Holding Company (NYSE:GPK) sells its Augusta bleached paperboard manufacturing facility to Clearwater Paper Corporation for approximately $700 million, enhancing Clearwater's position as a premier paperboard supplier in North America.
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Graphic Packaging Holding Company (GPK) declares a quarterly dividend of $0.10 per share of common stock, payable on April 5, 2024.
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Graphic Packaging Holding Company (GPK) executives to present at upcoming conferences for investors. Michael P. Doss and Stephen R. Scherger to participate in fireside chats at Bank of America Securities Global Agriculture and Materials Conference and Raymond James Institutional Investors Conference.
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Graphic Packaging Holding Company (NYSE: GPK) will announce Q4 and full year 2023 financial results on February 20th, followed by an Investor Day on February 21st to discuss the company's transformation as a global consumer packaging leader. The webcast will be available on the company's website. The tentative date for Q1 2024 financial results release is April 30, 2024.
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Graphic Packaging Holding Company (NYSE: GPK) appoints Mark Connelly as Senior Vice President, Investor Strategy and Development to expand and diversify the company's investor network globally. Connelly, with over 20 years of experience as a securities analyst and strategy consultant, will report to CFO Stephen Scherger and work closely with Melanie Skijus, who leads the investor relations function. CEO Michael P. Doss highlights the company's reshaping to offer sustainable packaging for consumers' everyday needs. Connelly's expertise in capital deployment and strategy aims to fine-tune and extend the company's value creation story.
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Graphic Packaging Holding Company (NYSE: GPK) Declares $0.10 Quarterly Dividend, Payable on January 5, 2024
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Graphic Packaging Holding Company (NYSE: GPK) announced that its President and CEO, Michael P. Doss, will present at the Baird Global Industrial Conference on November 7th, and its CFO, Stephen R. Scherger, will present at the Citi Basic Materials Conference on November 28th. Both presentations will be in the form of a fireside chat and can be accessed via webcast.
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Graphic Packaging Holding Company (NYSE: GPK) reported its third-quarter 2023 results. Net sales decreased by 4% to $2.35 billion compared to the prior year quarter. Net income was $170 million, a decrease of 12%. Adjusted EBITDA increased by 9% to $482 million. Earnings per diluted share were $0.55, a decrease of 11%. The company completed the acquisition of Bell Incorporated and published its 2022 ESG Report.
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Graphic Packaging Holding Company announced the permanent decommissioning of the K3 coated recycled paperboard machine in Kalamazoo, Michigan. This move is part of the company's CRB optimization plan and aims to remove higher-cost, less efficient production capacity. The decommissioning of K3 supports more efficient resource use and margin enhancement goals for the CRB network. However, it is not expected to impact the company's 2023 projected Adjusted EBITDA of $1.9 billion.
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Graphic Packaging Holding Company will announce its third quarter 2023 financial results on October 31st, before the market opens. A conference call to discuss the results will be held at 10:00 a.m. ET. The webcast will be available on the company's website. Telephone participants should call at least 10 minutes prior to the start of the call.
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FAQ

What is the current stock price of Graphic Packaging Holding Company (GPK)?

The current stock price of Graphic Packaging Holding Company (GPK) is $26.79 as of December 20, 2024.

What is the market cap of Graphic Packaging Holding Company (GPK)?

The market cap of Graphic Packaging Holding Company (GPK) is approximately 8.2B.

What does Graphic Packaging Holding Company specialize in?

Graphic Packaging Holding Company specializes in sustainable, fiber-based consumer packaging solutions for food, beverage, foodservice, and other consumer products.

What are the main business segments of Graphic Packaging?

The main business segments are Paperboard Manufacturing, Americas Paperboard Packaging, and Europe Paperboard Packaging.

Where is Graphic Packaging Holding Company headquartered?

The company is headquartered in Atlanta, Georgia.

What is Vision 2030?

Vision 2030 is Graphic Packaging's strategic plan to expand market reach and reduce environmental impact through innovation and sustainability.

What recent acquisition did Graphic Packaging announce?

Graphic Packaging recently acquired Bell Incorporated to enhance its integrated packaging network and expand its product categories.

How did Graphic Packaging perform financially in Q3 2023?

In Q3 2023, Graphic Packaging reported net sales of $2.349 billion and adjusted EBITDA growth to $482 million.

What is the significance of the K2 recycled paperboard machine?

The K2 machine significantly improves production efficiency and quality, supporting the company's sustainability and growth initiatives.

Where can I find more information about Graphic Packaging’s financial performance?

Detailed financial metrics and updates can be found on Graphic Packaging's official website and through their SEC filings.

Who are some of the major customers of Graphic Packaging?

The company's customers include many of the world's most widely-recognized brands in food, beverage, and consumer products.

What are the future growth expectations for Graphic Packaging?

The company aims for 2% sales growth from innovation and plans to continue expanding its market presence through strategic acquisitions and sustainability initiatives.

Graphic Packaging Holding Company

NYSE:GPK

GPK Rankings

GPK Stock Data

8.15B
296.20M
1.2%
107.69%
5.11%
Packaging & Containers
Paperboard Containers & Boxes
Link
United States of America
ATLANTA