Graphic packaging holding company reports second quarter 2024 financial results
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 2.4% of graphic packaging holding company common shares outstanding second quarter 2024 financial results net sales $2,237 million, versus $2,392 million in 2023 net income $190 million, versus $150 million in 2023 adjusted ebitda $402 million, versus $453 million in 2023 adjusted ebitda margin 18.0%, versus 18.9% in 2023 earnings per diluted share $0.62 versus $0.49 in 2023 adjusted earnings per diluted share $0.60, versus $0.66 in 2023 net leverage 2.9x, versus 3.0x in second quarter 2023 atlanta , july 30, 2024 /prnewswire/ -- graphic packaging holding company (nyse: gpk), (the "company"), a leader in sustainable consumer packaging, today reported second quarter 2024 results. net income was $190 million, or $0.62 per share, based upon 306.9 million weighted average diluted shares.
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