Multi Packaging Solutions (MPS) International has reported a net income of $10.8m, or $0.14 diluted earnings per share, for the third quarter ended 31 March 2017, compared to $3.8m, or $0.05 diluted earnings per share, for the same period ...
Tags: Multi Packaging, Packaging
Chinese dairy firm Inner Mongolia Yili Industrial Group is preparing an $850m bid to acquire US organic yogurt business, Stonyfield, from Danone. In a statement to the Shanghai stock exchange, Yili Group mentioned that the bid for 100% of ...
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
United Caps stated that it will open a new manufacturing facility in Malaysia. The Luxembourg-based company plans to build a state-of-the-art manufacturing facility to meet increasing customer demand in the region for its caps and ...
Tags: United Caps, drinks industry
Berry Global Group has reported results for its second fiscal 2017 quarter, referred to in the following as the March 2017 quarter. Net income for the March 2017 quarter was $72 million ($0.54 per diluted share) compared to $59 million ...
Veritiv a North American leader in business-to-business distribution solutions, has announced financial results for the first quarter ended 31 March, 2017. "Our first quarter results were mixed," said Mary Laschinger, Chairman and CEO of ...
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...
Tags: Packaging, special items
Hain Frozen Foods UK, a subsidiary of The Hain Celestial Group, has acquired England-based soup manufacturer The Yorkshire Provender for an undisclosed price. The acquisition is expected to help the US-based Hain Celestial to expand its ...
Tags: Frozen Foods, soup
Jakks Pacific has detailed its financial results for the first quarter ended March 31th, 2017, citing a decline in net sales. The toy giant revealed that net sales were $94.5 million compared to $95.8 million reported in the comparable ...
Tags: Jakks Pacific, toy
Clearwater Paper Corporation has reported financial results for the first quarter of 2017. The company reported net sales of $437.5 million for the first quarter of 2017, essentially flat with net sales of $437.2 million for the first ...
Tags: Clearwater Paper, natural gas
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
Sonoco announced it is implementing price increases for all paperboard tubes and cores in the United States and Canada by a minimum of 10 percent. The increase is effective with shipments beginning April 10, 2017. “This price ...
Tags: Sonoco, Implementing Price, Paperboard Tubes