earnings
confidence high
sentiment positive
materiality 0.80
Graphic Packaging reports Q4 net income $156M, full year adj. EPS $2.33; plans $1B CRB mill
GRAPHIC PACKAGING HOLDING CO
2022-FY EPS reported
$1.69
revenue$9,440,000,000
- Full year 2022 net sales $9,440M (+32% YoY); adj. EBITDA $1,600M (+51% YoY).
- Full year adj. EPS $2.33 vs $1.31 prior year; net leverage reduced to 3.2x from 4.6x.
- Q4 net income $156M ($0.50 diluted EPS) vs $39M ($0.13 EPS) in Q4 2021.
- Announcing ~$1B investment over three years for new coated recycled paperboard mill, internally funded.
- Net debt decreased to $5,133M from $5,659M at prior year end.