Graphic Packaging Hldg Co Stock Price, News & Analysis

Graphic Packaging Holding Company (NYSE: GPK) will announce its first quarter 2023 financial results before the market opens on May 2, 2023. A conference call is scheduled for 10:00 a.m. ET to discuss the results, accessible via the investor section of the company's website. Participants can join via telephone using specified dial-in numbers for the US, Canada, and other locations. The company has also set August 1, 2023 as the tentative date for its second quarter 2023 financial results release. Graphic Packaging is a leading provider of sustainable packaging solutions, operating globally with a strong market presence.

Graphic Packaging Holding Company (NYSE: GPK) has declared a quarterly dividend of $0.10 per share. This dividend will be payable on April 5, 2023 to stockholders on record as of March 15, 2023. Graphic Packaging, based in Atlanta, Georgia, specializes in fiber-based consumer packaging, serving major companies in food, beverage, and other sectors. The company is a leading producer of folding cartons and fiber-based foodservice products in the U.S. and Europe, holding significant market positions in various paperboard sectors. For more details, visit www.graphicpkg.com.

Graphic Packaging Holding Company (NYSE: GPK) announced that Stephen R. Scherger, the Executive Vice President and Chief Financial Officer, will present at two significant investment conferences. The first presentation will be at the BofA Securities 2023 Global Agriculture and Materials Conference on March 1 at 1:50 p.m. ET. The second will take place at the Raymond James 44th Annual Institutional Investors Conference on March 7 at 10:25 a.m. ET. Both presentations will be available live and for replay through the Graphic Packaging website.

Graphic Packaging Holding Company (NYSE:GPK) reported strong financial performance for 2022, with Net Sales increasing 32% to $9,440 million and Net Income rising to $522 million from $204 million in 2021. Earnings per Share reached $1.69, compared to $0.68 the previous year. The company announced an investment of approximately $1 billion in a new coated recycled paperboard mill to enhance its position as a leading producer in North America. Despite challenges from inflation and a winter storm impacting production, Adjusted EBITDA grew 52% to $1,600 million. The company aims to further reduce net leverage from 3.2x to 2.5x by the end of 2023.

Graphic Packaging Holding Company (NYSE: GPK) will announce its fourth quarter and full year 2022 financial results before market opens on February 7th, with a conference call scheduled for 10:00 a.m. ET. Participants can join via webcast or telephone using designated dial-in numbers. An archived version will be available for replay after 1:00 p.m. ET on the same day. Additionally, the first quarter 2023 financial results are tentatively set for release on April 25, 2023.