Graphic Packaging Hldg Co Stock Price, News & Analysis

Graphic Packaging (NYSE: GPK) announced a 10% increase in its quarterly dividend to $0.11 per share, up from $0.10. The dividend will be paid on April 5, 2025, to stockholders of record as of March 15, 2025.

As the company's Vision 2025 transformation program nears completion, capital spending requirements are expected to decrease significantly. Under Vision 2030, the company plans to focus on strengthening its market position in sustainable consumer packaging through reinvestment and tuck-under M&A, while returning excess capital to stockholders.

Management expressed confidence in the company's business model and indicated plans to supplement growing dividends with opportunistic share repurchases. The company also aims to pursue an investment grade credit rating when beneficial to stockholders.

Graphic Packaging Holding Company (NYSE: GPK) has scheduled its fourth quarter and full year 2024 earnings announcement for February 4th, before market opening. The company will host a conference call at 10:00 a.m. ET to discuss the results. Investors can access the webcast through the company's investor relations website or join via telephone using provided dial-in numbers. The webcast will be archived for replay after 1:00 p.m. ET.

Additionally, the company has tentatively set May 1, 2025, for its first quarter 2025 financial results release. Graphic Packaging is a global leader in sustainable consumer packaging, focusing on renewable and recycled materials for food, beverage, foodservice, household, and other consumer products.

Graphic Packaging Holding Company (NYSE: GPK) has announced that President and CEO Michael P. Doss will present at the Raymond James 2024 TMT & Consumer Conference on December 9th at 3:40pm ET. The presentation will be accessible via live webcast and replay through the company's investor relations website.

Graphic Packaging, based in Atlanta, Georgia, is a global leader in sustainable consumer packaging, specializing in designs made from renewable or recycled materials. The company maintains a worldwide network of design and manufacturing facilities, serving major brands in food, beverage, foodservice, household, and consumer products sectors.

Graphic Packaging Holding Company (NYSE: GPK) has announced a quarterly dividend declaration of $0.10 per share of common stock. The dividend will be paid on January 5, 2025, to stockholders of record as of December 15, 2024. The company, based in Atlanta, Georgia, specializes in sustainable consumer packaging manufacturing, primarily using renewable or recycled materials, serving major brands in food, beverage, foodservice, household, and other consumer products sectors.

Graphic Packaging Holding Company (NYSE: GPK) announced that President and CEO Michael P. Doss will present at the Baird Global Industrial Conference on November 12th at 8:55am ET. The presentation will be conducted as a fireside chat and will be available via live webcast and replay through the company's investor relations website.

Graphic Packaging, based in Atlanta, Georgia, specializes in designing and producing consumer packaging primarily from renewable or recycled materials. The company maintains a global network of facilities serving major brands in food, beverage, foodservice, household, and consumer products sectors, with a commitment to reducing environmental impact through innovative packaging solutions.

Graphic Packaging Holding Company (NYSE: GPK) reported Q3 2024 financial results with Net Sales of $2,216 million, down 6% from $2,349 million in 2023. Net Income was $165 million ($0.55 per share) compared to $170 million ($0.55 per share) in Q3 2023. Adjusted EBITDA decreased to $433 million from $482 million, with margin declining to 19.5% from 20.5%. The company saw return to positive packaging volume growth and achieved Innovation Sales Growth of $54 million. The company updated its 2024 guidance with Adjusted EBITDA projected at $1.68-1.73 billion and Adjusted EPS at $2.49-2.61.

Graphic Packaging Holding Company (NYSE: GPK), a global leader in sustainable consumer packaging, has announced its upcoming third quarter 2024 earnings conference call. The company will release its financial results on Tuesday, October 29th, before the market opens, followed by a conference call at 10:00 a.m. ET. Investors can access the webcast through the company's website or join via telephone using provided dial-in numbers.

The company has also tentatively scheduled the release of its fourth quarter and full year 2024 financial results for Tuesday, February 4, 2025. Graphic Packaging designs and produces consumer packaging primarily from renewable or recycled materials, operating a global network of facilities serving renowned brands in various consumer product sectors.

Graphic Packaging Holding Company (NYSE: GPK), a global leader in sustainable consumer packaging, has updated its full-year 2024 outlook due to recent operational challenges. Severe weather conditions in July affected production at two paperboard manufacturing facilities, while an electrical substation damage in August disrupted operations at a third facility. These events are expected to reduce Adjusted EBITDA by $20 million to $25 million in the third quarter.

As a result, the company now anticipates full-year 2024 results to fall below the midpoint of its previously announced guidance ranges: $1,730 million to $1,830 million for Adjusted EBITDA and $2.65 to $2.85 for Adjusted EPS. Despite these setbacks, Graphic Packaging reports that all affected facilities have resumed normal operations, and customer service levels were not impacted.

Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, has announced its participation in the Stifel London Industrials Summit on September 4, 2024. Mark W. Connelly, Senior Vice President of Investor Strategy and Development, will represent the company in a fireside chat at 7:00am ET.

The presentation will be accessible via live webcast and replay from the Investors section of Graphic Packaging's website. GPK, headquartered in Atlanta, Georgia, specializes in designing and producing consumer packaging primarily from renewable or recycled materials. The company is committed to reducing the environmental impact of consumer packaging and operates a global network serving major brands in various consumer product sectors.