PR Newswire
NEW YORK, April 1, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Graphic Packaging Holding Company (NYSE: GPK) on behalf of the company's shareholders. The investigation seeks to determine whether Graphic Packaging Holding Company's directors breached their fiduciary duties in connection with recent corporate actions.
If you are a shareholder of Graphic Packaging Holding Company and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/graphic-packaging-holding-company/
ATLANTA, April 1, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging", or "the Company"), a global leader in sustainable consumer packaging, today announced that it will permanently close its Middletown, Ohio, coated recycled paperboard manufacturing facility on or about June 1, 2025. The closure is part of a previously disclosed plan to consolidate recycled paperboard production into Kalamazoo, Michigan, and the new Waco, Texas, facility, which is expected to begin commercial production later this year. The Middletown closure will affect approximately 130 employees.
ATLANTA, March 27, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging", or "the Company"), a global leader in sustainable consumer packaging, will announce first quarter 2025 financial results before the market opens on Thursday, May 1st, with a call to discuss results at 10:00 a.m. ET.
The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/. Participants may also listen via telephone by using the following dial-in numbers:
ATLANTA, Feb. 13, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging"), a global leader in sustainable consumer packaging, today announced that Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Bank of America Securities Global Agriculture and Materials Conference on Thursday, February 27th at 11:15am ET and Michael P. Doss, President and Chief Executive Officer, will present at the Raymond James Institutional Investors Conference on Monday, March 3rd at 10:25am ET.
Full-Year 2024 Highlights
Launched Vision 2030Delivered Adjusted EBITDA margin of 19.1%Returned to positive packaging volume growth in second half of the yearAchieved Innovation Sales Growth of $205 millionExecuted Virtual Power Purchase Agreement to increase renewable energy use in EuropeRepurchased 2% of common shares outstanding; returned $322 million of capital to stockholdersFull-Year 2024 Financial Results
Net Sales $8,807 million, versus $9,428 million in 2023Net Income $658 million, versus $723 million in 2023Adjusted EBITDA $1,682 million, versus $1,876 million in 2023Adjusted EBITDA Margin 19.1%, versus 19.9% in 2023Earnings per Diluted Share $2.16, versus $2.34 in 2023Adjusted Earnings per Diluted Share $2.49, versus $2.91 in 2023Net Leverage 3.0x, versus 2.8x at prior year-end
ATLANTA, Feb. 4, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging" or the "Company"), a global leader in sustainable consumer packaging, today announced that its Board of Directors voted to increase the quarterly dividend to $0.11 per share of common stock, a 10% increase from the prior quarterly dividend of $0.10. The increased dividend will be payable on April 5, 2025, to common stockholders of record at the close of business on March 15, 2025.
ATLANTA, Dec. 18, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging"), a global leader in sustainable consumer packaging, will announce fourth quarter and full year 2024 financial results before the market opens on Tuesday, February 4th, with a call to discuss results at 10:00 a.m. ET.
The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/. Participants may also listen via telephone by using the following dial-in numbers:
ATLANTA, Nov. 26, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging"), a global leader in sustainable consumer packaging, today announced that Michael P. Doss, President and Chief Executive Officer, will present at the Raymond James 2024 TMT & Consumer Conference on Monday, December 9th at 3:40pm ET.
The presentation will be available live and in replay via webcast. The archived webcast can be accessed from the Investors section of the Graphic Packaging website at https://investors.graphicpkg.com/.
ATLANTA, Nov. 14, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a global leader in sustainable consumer packaging, today announced that its Board of Directors declared a quarterly dividend of $0.10 per share of common stock to stockholders of record at the close of business on December 15, 2024. The dividend is payable on January 5, 2025.
About Graphic Packaging Holding Company
ATLANTA, Nov. 1, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging"), a global leader in sustainable consumer packaging, today announced that Michael P. Doss, President and Chief Executive Officer, will present at the Baird Global Industrial Conference on Tuesday, November 12th at 8:55am ET.
The presentation will be in the form of a fireside chat and will be available live and in replay via webcast. The archived webcast can be accessed from the Investors section of the Graphic Packaging website at https://investors.graphicpkg.com/.
Third Quarter 2024 Highlights
Return to positive packaging volume growthInnovation Sales Growth of $54 millionVirtual Power Purchase Agreement advances commitment to reduce greenhouse gas emissions in EuropeThird Quarter 2024 Financial Results
Net Sales $2,216 million, versus $2,349 million in 2023Net Income $165 million, versus $170 million in 2023Adjusted EBITDA $433 million, versus $482 million in 2023Adjusted EBITDA Margin 19.5%, versus 20.5% in 2023Earnings per Diluted Share $0.55, versus $0.55 in 2023Adjusted Earnings per Diluted Share $0.64, versus $0.74 in 2023Net Leverage 3.1x, versus 3.0x in third quarter 2023
ATLANTA, Sept. 19, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging", the "Company"), a global leader in sustainable consumer packaging, will announce third quarter 2024 financial results before the market opens on Tuesday, October 29th, with a call to discuss results at 10:00 a.m. ET.
The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/. Participants may also listen via telephone by using the following dial-in numbers:
ATLANTA, Sept. 3, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging", the "Company"), a global leader in sustainable consumer packaging, today provided an update on operating conditions in the third quarter and on its full-year 2024 outlook.
During July, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production, and restart costs. While not material individually, as a group these events and added costs are expected to reduce Adjusted EBITDA by approximately $20 million to $25 million in the third quarter. As a result, the Company now expects full-year 2024 results will fall below the midpoint of the previously announced $1,730 million to $1,830 million Adjusted EBITDA guidance range and the $2.65 to $2.85 Adjusted EPS guidance range.
ATLANTA, Aug. 22, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Mark W. Connelly, Senior Vice President, Investor Strategy and Development, will present at the Stifel London Industrials Summit on Wednesday, September 4th at 7:00am ET.
The discussion will be in the form of a fireside chat and will be available live and in replay via webcast and can be accessed from the Investors section of the Graphic Packaging website at https://investors.graphicpkg.com/.
Company advances sustainability and aspires to Net Zero Greenhouse Gas emissions by 2050
ATLANTA, Aug. 14, 2024 /PRNewswire/ -- Graphic Packaging International, LLC, a global leader in sustainable consumer packaging, today announced its aspiration to achieve Net Zero Greenhouse Gas emissions by 2050 in conjunction with the release of its 2023 Environmental, Social and Governance report. The ESG report outlines the company's Better, Every Day sustainability strategy and plans for achieving its new Better by 2030 sustainability goals designed to drive more circularity in its innovative paperboard consumer packaging, support a safe and inclusive culture, and protect environmental resources.
ATLANTA, July 22, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) today announced that consumer packaged goods industry executive Andy Callahan has joined its Board of Directors, as the company ushers in ambitious Vision 2030 goals announced in February. Mr. Callahan is currently a Director at Harry's Inc., a leading retail consumer products company, and over the past 29 years held executive leadership positions across the consumer packaged goods industry.
ATLANTA, June 4, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), will announce second quarter 2024 financial results before the market opens on Tuesday, July 30th, with a call to discuss results at 10:00 a.m. ET.
The conference call will be webcast and can be accessed from the investors section of the Graphic Packaging website at https://investors.graphicpkg.com/. Participants may also listen via telephone by using the following dial-in number: +1 215-268-9905.
ATLANTA, May 28, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Wells Fargo Industrials Conference on Tuesday, June 11th at 2:30pm ET.
The discussion will be in the form of a fireside chat and will be available live and in replay via webcast, and can be accessed from the Investors section of the Graphic Packaging website at https://investors.graphicpkg.com/.
ATLANTA, May 23, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading consumer packaging company, announced today that its Board of Directors declared a quarterly dividend of $0.10 per share of common stock to stockholders of record at the close of business on June 15, 2024. The dividend is payable on July 5, 2024.
About Graphic Packaging Holding CompanyGraphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, designs and produces consumer packaging made primarily from renewable or recycled materials. An industry leader in innovation, the Company is committed to reducing the environmental footprint of consumer packaging. Graphic Packaging operates a global network of design and manufacturing facilities serving the world's most widely recognized brands in food, beverage, foodservice, household, and other consumer products. Learn more at www.graphicpkg.com.
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