Nov 04, 2014. /Lesprom Network/. RockTenn reported earnings for the quarter ended September 30, 2014 of $1.06 per diluted share and adjusted earnings of $1.31 per diluted share. Net sales of $2,608 million for the 4Q of fiscal 2014 increased $123 million compared to the 4Q of fiscal 2013 primarily as a result of the Tacoma Mill and display acquisitions completed in fiscal 2014, as the company said in the press release received by Lesprom Network.

Segment income of $340 million increased $8 million compared to the prior year quarter primarily due to the impact of an estimated $41 million in productivity improvements and income from the acquisitions partially offset by increased commodity and other costs across our business.

RockTenn CEO, Steve Voorhees, stated, "Our team delivered another quarter of solid operating results as measured by our adjusted earnings per share of $1.31 and free cash flow per share of $1.80. For all of fiscal 2014, we generated $6.10 per share in free cash flow for the year, up 9% over last year and representing a yield in excess of 10% on our current stock price. We implemented our balanced capital allocation approach by investing $534 million in capital expenditures, $474 million in acquisitions and returning $337 million to our shareholders in dividends and share repurchases. Our strong balance sheet and cash flow provide us the flexibility to continue to invest to sustain and improve our operating performance."

RockTenn is one of North America's leading providers of packaging solutions and manufacturers of containerboard and paperboard.