For fiscal first-quarter 2018 (to end-September 2017), optical and photonic optical component and subsystem maker Lumentum Holdings Inc of Milpitas, CA, USA has reported revenue of $243.2m, down 5.8% on $258.1m a year ago due to softer ...
Tags: optical component, subsystem
Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Sustainable packaging solutions provider Ball has announced plans to stop the production of food cans at its packaging facility in Arkansas, US. The company intends to cease food can production at its tinplate food and aerosol packaging ...
Tags: Food Can, Sustainable packaging
Sustainable packaging solutions provider Ball has announced plans to shut down three beverage packaging facilities in the US. The company also intends to build new and advanced beverage packaging facility in Goodyear, Arizona. Expected ...
Tags: Sustainable packaging, packaging
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
Huawei is likely to outpace Apple to become the second largest smartphone vendor globally in the third quarter of 2017 as sales of China-based vendor's high-end P- and M-series as well as the more affordable Honor-branded models have ...
Tags: Huawei, Smartphone
American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Irish glass and metal packaging group Ardagh stated that its revenue has increased 58% to €2.02bn for the second quarter of this year, when compared to €1.3bn for the same period in 2016. Adjusted earnings before interest, ...
Tags: metal packaging
Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...
Tags: Packaging, containerboard
Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...
Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
For first-half 2017, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.5m, up 80% on €7m in first-half 2016, ...
American packaging company Crown has reported net sales of $2.16bn for the second quarter of 2017, compared to $2.14bn for the same period in 2016. Increase in sales has been attributed to increased global beverage can volumes and pass ...