secwatch.observer — SEC 8-K summary
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Issuer:     GRAPHIC PACKAGING HOLDING CO (GPK)
CIK:        0001408075
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001408075-23-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graphic Packaging Q3: Adj. EPS up 10% to $0.74; revenue down 4% to $2.35B
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- GAAP net income $170M ($0.55 EPS) down 12% YoY; adjusted EPS $0.74 up 10% YoY.
- Net sales $2,349M, down 4% on unfavorable volume/mix partially offset by pricing and FX.
- Adjusted EBITDA $482M (up 9% YoY); full-year guidance reaffirmed at $1.875-1.925B.
- Completed acquisition of Bell Incorporated in September; CRB machine transformation on track.
- Net debt $5,462M with leverage 3.0x; year-end target 2.6x-2.7x; $39M returned to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408075/000140807523000038/0001408075-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408075/000140807523000038/gpk-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001408075-23-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer