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.
Graphic Packaging Holding Company (NYSE: GPK) will announce its second quarter 2022 financial results before the market opens on July 26, 2022. A conference call to discuss these results is scheduled for 10:00 a.m. ET the same day, accessible via webcast and telephone. Interested participants can find the necessary dial-in numbers on the company's investor website. The next financial results release is tentatively set for October 25, 2022.
Graphic Packaging Holding Company (NYSE: GPK) announced that CFO Stephen R. Scherger will present at the Deutsche Bank 13th Annual Global Materials Conference on June 8, 2022, at 12:45 PM ET. This presentation will take the form of a fireside chat and can be accessed live and via replay on the company's website. Graphic Packaging is recognized for its sustainable fiber-based packaging solutions for food and beverage companies, and it operates globally, ranking among the largest producers of folding cartons in the U.S. and Europe.
Graphic Packaging Holding Company (NYSE: GPK) announced a quarterly dividend of $0.075 per share to stockholders of record on June 15, 2022. This dividend will be payable on July 5, 2022. The company, based in Atlanta, Georgia, specializes in sustainable fiber-based packaging solutions and is a leading manufacturer of folding cartons and paper-based foodservice products in the U.S. Graphic Packaging serves many well-known global brands.
Graphic Packaging Holding Company (NYSE: GPK) announced that its executive management will present at two investor conferences in May 2022. Stephen R. Scherger, CFO, will speak at the Wells Fargo Industrial Conference on May 4, 2022, at 1:20 PM ET. Michael P. Doss, CEO, will present at the Goldman Sachs Industrials and Materials Conference on May 12, 2022, at 1:50 PM ET. Both presentations will be available via webcast on the company’s investor website.
Graphic Packaging is a leader in sustainable packaging solutions for the food and beverage industry, headquartered in Atlanta, Georgia.
Graphic Packaging Holding Company (NYSE: GPK) reported significant growth in Q1 2022, with net sales reaching $2,245 million, a 36% increase from the prior year. Net income grew to $107 million, or $0.35 per share, up from $54 million in Q1 2021. Adjusted EBITDA also improved to $350 million. The company is on track to realize $40 million in synergies from its European platform and expects the new K2 Coated Recycled Paperboard machine to generate $130 million in incremental EBITDA over three years. Global liquidity stands at $1,078 million.
Graphic Packaging Holding Company (NYSE: GPK) announced the appointment of Elizabeth Spence as executive vice president, human resources. Spence, formerly vice president at Gypsum Management and Supply, brings extensive experience from roles at Assurant, BellSouth/AT&T, and The Coca-Cola Company. She will oversee the strategic direction and execution of human resources and communications. CEO Michael Doss expressed confidence in her ability to attract and retain top talent as part of the company's Vision 2025 objectives.
Graphic Packaging International announced that New Seasons Market will adopt its sustainable PaperSeal tray for packaging Partner Brand Fresh Pasta, replacing plastic clamshells. This transition will eliminate 120,000 plastic packs annually, showcasing a 91% reduction in plastic use per pack. The PaperSeal tray, made from renewable fiber and designed for recyclability, has gained recognition in regions like Europe, Japan, and Australia. The initiative aligns with the industry's move towards environmentally friendly solutions.
Graphic Packaging Holding Company (NYSE: GPK) will announce its first quarter 2022 financial results before market opens on April 26, 2022. A conference call to discuss these results is scheduled for 10:00 a.m. ET, accessible via webcast from the company's website. For those wishing to participate via telephone, dial-in numbers are provided for the United States, Canada, and international participants. The second quarter results release is tentatively set for July 26, 2022.
Graphic Packaging Holding Company (NYSE:GPK) has appointed Aziz Aghili to its Board of Directors, effective March 1, 2022. Aghili, who brings extensive global leadership experience from Dana Incorporated, where he serves as executive VP, will enhance the board's strategic capabilities. His background includes over 20 years at Meritor and roles at Nissan and General Electric. The appointment comes as David D. Campbell retires after a decade of service. Aghili's integration of acquisitions and manufacturing synergies are expected to support Graphic Packaging's growth in sustainable packaging solutions.
Graphic Packaging Holding Company (NYSE: GPK) announced that Stephen R. Scherger, Executive Vice President and CFO, will present at the BofA Securities Global Agriculture and Materials Conference and the Raymond James 43rd Annual Institutional Investors Conference. The fireside chats are scheduled for March 2 at 7:30 a.m. ET and March 7 at 8:40 a.m. ET. Both discussions will be available live and on-demand via webcast on the company's website.
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