Apr 25, 2012. /Lesprom Network/. RockTenn reported earnings for the 2Q, ended March 31, 2012 of $0.44 per diluted share and adjusted earnings of $0.97 per diluted share. Net sales of $2,282.9 million for the 2Q fiscal 2012 increased $1,490 million over the 2Q of fiscal 2011, primarily as a result of the May 27, 2011, Smurfit-Stone acquisition, as the company said in a press release received by Lesprom Network. Segment income of $157.3 million, adjusted to eliminate $6.7 million of pre-tax losses at our recently closed Matane, Quebec containerboard mill, was $164 million up $70.3 million or 75% over the prior year quarter, primarily as a result of the Smurfit-Stone acquisition and increased profitability in our Consumer Packaging segment. RockTenn Chairman and CEO James A. Rubright stated, “RockTenn’s adjusted earnings of $.97 per share reflect very strong earnings and margin growth in our consumer packaging businesses. Our corrugated segment results were reduced by continued competitive domestic box markets amid stable domestic containerboard pricing and by lower export pricing for containerboard and pulp. Export demand and pricing and pulp pricing are improving from the seasonal and cyclical bottom we believe we experienced in the quarter.” Corrugated Packaging segment net sales increased $1,296.5 million to $1,505.9 million in the 2Q of fiscal 2012 compared to the prior year quarter, due primarily to the Smurfit-Stone acquisition. Corrugated Packaging segment EBITDA margin was 11.8% for the 2Q of fiscal 2012. Consumer Packaging segment net sales increased $79.8 million in the 2Q of fiscal 2012 compared to the prior year quarter, primarily due to increased display sales including those from the Smurfit-Stone acquisition and generally higher selling prices throughout the segment. Segment income was $84.4 million in the 2Q of fiscal 2012 compared to $61 million in the prior year quarter due primarily to increased display sales, generally higher selling prices, lower recycled and virgin fiber and energy costs that were partially offset by higher chemical and freight costs. Consumer Packaging segment EBITDA margin was 16.8% for the 2Q of fiscal 2012. Recycling and Waste Solutions segment net sales increased $255.3 million over the prior year 2Q to $296.1 million primarily due to the Smurfit-Stone acquisition. Segment income was $4.2 million in the 2Q of fiscal 2012 compared to $2.6 million in the prior year. RockTenn is one of North America's leading integrated manufacturers of corrugated and consumer packaging and recycling solutions.