GPK Stock Recent News

Company advances sustainability and aspires to Net Zero Greenhouse Gas emissions by 2050 ATLANTA , Aug. 14, 2024 /PRNewswire/ -- Graphic Packaging International, LLC, a global leader in sustainable consumer packaging, today announced its aspiration to achieve Net Zero Greenhouse Gas emissions by 2050 in conjunction with the release of its 2023 Environmental, Social and Governance report. The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by 2030 sustainability goals designed to drive more circularity in its innovative paperboard consumer packaging, support a safe and inclusive culture, and protect environmental resources.

Graphic Packaging Holding is one of the major players in sustainable consumer packaging, with strong year-over-year growth and profitability margins over the years. With EU packaging regulations imposed, it is critical for GPK to improve compliance capabilities, adapt, and innovate sustainable packaging solutions to stay competitive in the EU market. Despite uncertainties, GPK has demonstrated stronger profitability and operational efficiency among its peers. Its strong financial performance and innovation capabilities position them well in the competitive packaging industry.

Graphic Packaging's recent quarterly results were mixed, with a slight revenue miss but an EPS beat. The company's focus on cost reduction, margin expansion, and growth investments is expected to drive future profitability and shareholder value. Despite a slight increase in multiple since the last time I reviewed the company, Graphic Packaging still offers compelling value compared to historical multiples and peers in the packaging industry.

ATLANTA , Aug. 1, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that its Board of Directors declared a quarterly dividend of $0.10 per share of common stock to stockholders of record at the close of business on September 15, 2024. The dividend is payable on October 5, 2024 About Graphic Packaging Holding Company Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces consumer packaging made primarily from renewable or recycled materials.

Graphic Packaging Holding Company (NYSE:GPK ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Melanie Skijus - VP, IR Michael Doss - President and CEO Stephen Scherger - EVP and CFO Conference Call Participants George Staphos - Bank of America Lewis Merrick - BNP Paribas Ghansham Panjabi - Baird Lars Kjellberg - Stifel Mike Roxland - Truist Securities Matt Roberts - Raymond James Mark Weintraub - Seaport Research Partners Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets John Dunigan - Jefferies Operator Greetings. Welcome to the Graphic Packaging Holding Company Second Quarter 2024 Earnings Call.

Graphic Packaging (GPK) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.66 per share a year ago.

Second Quarter 2024 Highlights Delivered strong EBITDA and margin performance, in line with expectations Generated Innovation Sales Growth of $51 million Divested Augusta, Georgia bleached paperboard manufacturing facility Repurchased approximately 2.4% of Graphic Packaging Holding Company common shares outstanding Second Quarter 2024 Financial Results Net Sales $2,237 million, versus $2,392 million in 2023 Net Income $190 million, versus $150 million in 2023 Adjusted EBITDA $402 million, versus $453 million in 2023 Adjusted EBITDA Margin 18.0%, versus 18.9% in 2023 Earnings per Diluted Share $0.62 versus $0.49 in 2023 Adjusted Earnings per Diluted Share $0.60, versus $0.66 in 2023 Net Leverage 2.9x, versus 3.0x in second quarter 2023 ATLANTA , July 30, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), a leader in sustainable consumer packaging, today reported second quarter 2024 results. Net Income was $190 million, or $0.62 per share, based upon 3

ATLANTA , July 22, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) today announced that consumer packaged goods industry executive Andy Callahan has joined its Board of Directors, as the company ushers in ambitious Vision 2030 goals announced in February. Mr. Callahan is currently a Director at Harry's Inc., a leading retail consumer products company, and over the past 29 years held executive leadership positions across the consumer packaged goods industry.

Sustainable packaging stocks are an attractive investment because the industry is growing and advancing at a fast pace.  Sustainable packaging stocks include companies that design and manufacture packaging packaging solutions that are eco-friendly.

ATLANTA , June 4, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce second quarter 2024 financial results before the market opens on Tuesday, July 30 th, with a call to discuss results at 10:00 a.m. ET. The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/.