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BAODING, China, Nov. 15, 2024 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in [...]

SPOKANE, Wash. -- Clearwater Paper Corporation (NYSE:CLW),a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter and nine months ended September [...]

DUBLIN: Smurfit Westrock plc has issued the following news release: Smurfit Westrock plc (NYSE: SW, LSE: SWR) today announced the financial results for the third quarter ended September 30, 2024. [...]

WASHINGTON, DC -- The following information was released by the American Forest and Paper Association (AF&PA): The American Forest and Paper Association (AFandPA) released the Q3 2024 Boxboard report. Total [...]

BAODING, China: IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in North China, today announced its [...]

2024 NOV 10 (NewsRx) -- By a News Reporter-Staff News Editor at Medical Devices & Surgical Technology Week -- According to news reporting originating from Washington, D.C., by NewsRx journalists, [...]

NEW YORK: Technavio has issued the following news release: Report with market evolution powered by AI- The global passive fire protection materials market size is estimated to grow by USD [...]

BAODING, China: IT Tech Packaging, Inc. has issued the following news release: IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor [...]

BAODING, China, Aug. 12, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in [...]

SPOKANE: CLEARWATER PAPER CORPORATION has issued the following news release: Clearwater Paper Corporation (NYSE:CLW), a premier supplier of bleached paperboard and quality consumer tissue today reported financial results for the [...]

DUBLIN: SMURFIT WESTROCK PLC has issued the following news release: Smurfit Westrock plc (NYSE: SW, LSE: SWR) today announced the financial results for the second quarter ended June 30, 2024 [...]

Second Quarter 2024 Highlights Delivered strong EBITDA and margin performance, in line with expectations Generated Innovation Sales Growth of $51 million Divested Augusta, Georgia bleached paperboard manufacturing facility Repurchased approximately [...]

Avery Dennison Corporation has released preliminary, unaudited results for the second quarter that ended 29 June 2024. The results showed year-over-year (YoY) growth in earnings per share (EPS) and adjusted [...]

DALLAS: Kimberly-Clark Corporation has issued the following press release: Kimberly-Clark Corporation (NYSE: KMB) today reported second quarter 2024 results characterized by positive volume and mix gains driven by pioneering, innovative [...]

United Kingdom-based paperboard and packaging producer DS Smith plc has reported a 17 percent revenue decline and a 23 percent drop in earnings in its recently completed fiscal year. The [...]

2024 AUG 14 (NewsRx) -- By a News Reporter-Staff News Editor at Healthcare Finance, Tax & Law Weekly -- According to news reporting originating from Washington, D.C., by NewsRx journalists, [...]

ATLANTA -- WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 second quarter results before the market opens on Thursday, May 2, 2024. Due to the proposed [...]

BAODING, China: IT Tech Packaging, Inc. has issued the following news release: IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor [...]

BAODING, China, March 27, 2024 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in [...]

ATLANTA: Graphic Packaging Holding Company has issued the following news release: Graphic Packaging Holding Company (NYSE: GPK), (the 'Company'), a leading consumer packaging company, today reported results for the fourth [...]

MENTOR: AVERY DENNISON CORPORATION has issued the following news release: Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its fourth quarter and full year ended December 30, 2023. [...]

On 31 Jan 2024, Avery Dennison Corporation announced preliminary, unaudited results for its 4Q 2023 and full year ended 30 Dec 2023. Reported sales decreased 2% to $1.4 bn. Sales were down 4% ex. currency and on an organic basis. Label Materials sales were down mid-single digits on an organic basis. Volume was up low-single digits. Inventory destocking was largely complete as of year end. Sales increased by mid-single digits organically in the Graphics and Reflectives businesses. Sales decreased by low-to-mid single digits organically in the combined Performance Tapes and Medical businesses. Reported operating margin was 12.0%. Adjusted EBITDA margin (non-GAAP) was 16.2%, up 340 basis points driven by productivity and the net benefit of pricing and raw material input costs. Original source: Avery Dennison, website: http://www.averydennison.com/, Copyright Avery Dennison Corporation 2024., company results; Avery [...]

On 31 Jan 2024, Avery Dennison Corporation announced preliminary, unaudited results for its 4Q 2023 and full year ended 30 Dec 2023. Highlights: 4Q 2023 reported EPS of $1.77. 4Q 2023 adjusted EPS (non-GAAP) of $2.16, up 31%. 4Q 2023 net sales of $2.1 bn, up 4%. Sales change ex. currency (non-GAAP) up 3%. Organic sales change (non-GAAP) up 1%. FY 2023 reported EPS of $6.20. FY 2023 adjusted EPS of $7.90. FY 2023 net sales of $8.4 bn, down 8%. Sales change ex. currency down 7%. Organic sales change down 8%. FY 2024 reported EPS guidance of $8.65 to $9.15. Adjusted EPS guidance of $9.00 to $9.50. During 2023, the company deployed $225 M for acquisitions and returned $394 M in cash to shareholders through a combination of dividends and share repurchases. The company repurchased 0.8 M shares at an aggregate cost of $138 M. Net of dilution from long-term incentive awards, the company's share count was down 0.6 M compared to the same time last year. The company continues to deploy capital in a disciplined manner, executing its long-term capital allocation strategy. The company's balance sheet remains strong. Net debt to adjusted EBITDA (non-GAAP) was 2.4x at the end of the 4Q 2023. The company's reported effective tax rate was 29.0% in the 4Q 2023 and 27.6% for the full year. The adjusted tax rate (non-GAAP) was 25.8% in both the 4Q 2023 and the full year. During 2023, the company realized approximately $69 M in pre-tax savings from restructuring, net of transition costs, and incurred approximately $79 M in pre-tax restructuring charges. Original source: Avery Dennison, website: http://www.averydennison.com/, Copyright Avery Dennison Corporation 2024., company results; company structure; Avery [...]

ST. PAUL: 3M Company has issued the following news release: 3M (NYSE: MMM) reported fourth-quarter and full-year 2023 results and provided its 2024 financial outlook. 'The fourth quarter capped a [...]

Achieved net sales of $20.4 billion with better-than-anticipated organic sales growth and stronger cost, margin and earnings recovery in 2023 Company initiates financial outlook for 2024 reflecting continued momentum DALLAS, [...]

3M MMM is expected to report quarterly earnings at $2.31 per share on revenue of $7.70 billion. 3M shares are down 9.29% to $ in the premarket session Tuesday. 3M [...]

ATLANTA: WestRock Company has issued the following news release: WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 first quarter results before the market opens on Thursday, [...]

ATLANTA -- WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 first quarter results before the market opens on Thursday, February 1, 2024. Due to the proposed [...]

ATLANTA: Graphic Packaging Holding Company has issued the following news release: Graphic Packaging Holding Company (NYSE: GPK), (the 'Company'), will announce fourth quarter and full year 2023 financial results after [...]

ATLANTA, Jan. 11, 2024 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), (the 'Company'), will announce fourth quarter and full year 2023 financial results after the market closes on Tuesday, [...]

2024 MAY 15 (NewsRx) -- By a News Reporter-Staff News Editor at Healthcare Finance, Tax & Law Weekly -- According to news reporting originating from Washington, D.C., by NewsRx journalists, [...]

BAODING, China: IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in North China, today announced its [...]

BAODING, China, Nov. 9, 2023 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ('IT Tech Packaging' or the 'Company'), a leading manufacturer and distributor of diversified paper products in [...]

WASHINGTON, DC -- The following information was released by the American Forest and Paper Association (AF&PA): The American Forest and Paper Association (AFandPA) released its Q3 2023 Boxboard report. Total [...]

On 25 Oct 2023, Avery Dennison Corporation announced preliminary, unaudited results for its 3Q 2023 ended 30 Sep 2023. Highlights: 3Q 2023 net sales of $2.1 bn. Sales change ex. currency (non-GAAP) down 10%. Organic sales change (non-GAAP) down 11%. 3Q 2023 reported EPS of $1.71. Adjusted EPS (non-GAAP) of $2.10, up 9% sequentially. 4Q 2023 reported EPS guidance of $2.05 to $2.20. Adjusted EPS guidance of $2.10 to $2.25. During the 1Q-3Q 2023, the company deployed $204 M for acquisitions and returned $309 M in cash to shareholders through a combination of dividends and share repurchases. The company repurchased 0.7 M shares at an aggregate cost of $117 M during the 1Q-3Q 2023. Net of dilution from long-term incentive awards, the company's share count at the end of the quarter was down 0.7 M compared to the same time last year. The company continues to deploy capital in a disciplined manner, executing its long-term capital allocation strategy. The company's balance sheet remains strong. Net debt to adjusted EBITDA (non-GAAP) was 2.6x at the end of the 3Q 2023. The company's reported 3Q 2023 effective tax rate was 25.1%. The adjusted tax rate (non-GAAP) for the quarter was 26.3%. The company's 2023 adjusted tax rate is expected to be in the mid-20% range based on current tax regulations. Original source: Avery Dennison, website: http://www.averydennison.com/, Copyright Avery Dennison Corporation 2023., company results; company structure; Avery [...]

On 25 Oct 2023, Avery Dennison Corporation announced preliminary, unaudited results for its 3Q 2023 ended 30 Sep 2023. Reported sales decreased 14% to $1.5 bn. Sales were down 16% ex currency and on an organic basis. Label Materials sales were down high-teens on an organic basis. Lower volume was driven primarily by inventory destocking. Volume was up sequentially as the impact of inventory destocking continues to moderate. Sales decreased by low-single digits organically in the Graphics and Reflective Solutions businesses. Sales increased by low-single digits organically in the combined Performance Tapes and Medical businesses. Reported operating margin was 12.1%. Adjusted EBITDA margin (non-GAAP) was strong, increasing 70 basis points sequentially to 16.4%. Adjusted EBITDA margin increased 90 basis points compared to prior year, as productivity and temporary cost-saving actions more than offset lower volume and mix. Original source: Avery Dennison, website: http://www.averydennison.com/, Copyright Avery Dennison Corporation 2023., company results; Avery [...]

Net sales up 2 percent, organic sales grew 5 percent Revenue Growth Management program and productivity drive continued margin recovery Company raises 2023 outlook DALLAS, Oct. 24, 2023 /PRNewswire/ -- [...]

ATLANTA -- WestRock Company (NYSE: WRK) today announced that it will release fourth quarter and full year fiscal 2023 results before the market opens on Thursday, November 9, 2023. Due [...]

BAODING: IT Tech Packaging, Inc., a leading manufacturer and distributor of diversified paper products in North China, announced its unaudited financial results for the six and three months ended June [...]

2023 NOV 12 (NewsRx) -- By a News Reporter-Staff News Editor at Medical Devices & Surgical Technology Week -- According to news reporting originating from Washington, D.C., by NewsRx journalists, [...]