WestRock Company announced results for its fiscal 3Q ended June 30, 2020. Net sales of $4.2 billion decreased by 9.7% compared to the prior year quarter.

包装纸&板

WestRock's fiscal 3Q net sales decreased by 9.7% to $4.2 billion

WestRock Company announced results for its fiscal 3Q ended June 30, 2020. Net sales of $4.2 billion decreased by 9.7% compared to the prior year quarter.

$0.69 of earnings per diluted share and $0.76 of adjusted earnings per diluted share compared to $0.98 of earnings per diluted share and $1.11 of adjusted earnings per diluted share in the prior year quarter; up sequentially from $0.57 of earnings per diluted share and $0.67 of adjusted earnings per diluted share in the 2Q.

“Our results for the fiscal 3Q, including our strong cash flow and debt reduction, demonstrate why I am so proud of how the WestRock team is working closely with our customers to help them meet changing demand across a variety of end markets,” said Steve Voorhees, CEO.

WestRock Company is a leading provider of differentiated paper and packaging solutions.