secwatch.observer — SEC 8-K summary
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Issuer:     GRAPHIC PACKAGING HOLDING CO (GPK)
CIK:        0001408075
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001408075-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.71
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graphic Packaging Q3 net sales down 6% to $2.22B; adj. EBITDA $433M; guidance updated
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- Net sales $2,216M vs $2,349M in Q3 2023, down 6%; packaging volumes returned to positive growth.
- Adjusted EBITDA $433M vs $482M YoY; adjusted EPS $0.64 vs $0.74; net leverage 3.1x.
- Full-year 2024 adjusted EBITDA guidance $1.68B-$1.73B; adjusted EPS $2.49-$2.61.
- Q3 net income $165M ($0.55 diluted EPS) vs $170M ($0.55) in prior year; adjusted net income $194M.
- Dividends of ~$30M paid in Q3; YTD returned ~$291M to stockholders via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1408075/000140807524000034/0001408075-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1408075/000140807524000034/gpk-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001408075-24-000034

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