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Graphic Packaging Hldg Co - GPK STOCK NEWS

Welcome to our dedicated page for Graphic Packaging Hldg Co news (Ticker: GPK), a resource for investors and traders seeking the latest updates and insights on Graphic Packaging Hldg Co 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) 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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Sustainable consumer packaging leader makes progress toward a renewable future
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Graphic Packaging Holding Company's CEO, Michael P. Doss, will present at the Jefferies Industrials Conference on September 7th at 11:30am ET.
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Graphic Packaging Holding Company (NYSE: GPK) reported a 1% increase in net sales, reaching $2,392 million in the second quarter of 2023. Net income surged by 127% to $150 million, while adjusted EBITDA rose by 14% to $453 million. The company also announced the acquisition of Bell Incorporated and a $500 million increase to share repurchase authorization. Full year 2023 guidance was reiterated.
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FAQ

What is the current stock price of Graphic Packaging Hldg Co (GPK)?

The current stock price of Graphic Packaging Hldg Co (GPK) is $26.68 as of February 28, 2025.

What is the market cap of Graphic Packaging Hldg Co (GPK)?

The market cap of Graphic Packaging Hldg Co (GPK) is approximately 7.9B.

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 Hldg Co

NYSE:GPK

GPK Rankings

GPK Stock Data

7.89B
295.50M
1.2%
109.03%
5.73%
Packaging & Containers
Paperboard Containers & Boxes
Link
United States
ATLANTA