Posted 七月 21, 2016
Sonoco's 2Q 2016 net sales were $1.21 billion, down from $1.25 billion in 2015. 2Q 2016 GAAP earnings per diluted share were $0.55, compared with $0.63 in 2015, as the company said in the press release received by Lesprom Network.
Commenting on the Company’s 2Q results, Sonoco President and CEO Jack Sanders said, “Our diversified mix of global packaging businesses collectively performed very well in the second quarter, producing solid results despite market and operating headwinds. Once again, our targeted growth segments - Consumer Packaging and Protective Solutions - each produced record second quarter operating profit, and our Display and Packaging segment continued to show improvement, helping offset slightly lower results in our Paper and Industrial Converted Products segment driven by operating losses in corrugating medium.”
Sonoco is a global provider of packaging products and services, delivering innovative solutions to industrial and consumer businesses.