Pactiv evergreen reports second quarter 2024 financial results

Announced sale represents exit from paper mills furthering strategic transformation second quarter impacted by end-market weakness and temporary operational disruptions at pine bluff mill revising 2024 guidance second quarter 2024 financial highlights: net revenues of $1,338 million for the second quarter of 2024 were down 6% compared to $1,426 million in the second quarter of 2023 and up 7% compared to $1,252 million in the first quarter of 2024. net income of $20 million for the second quarter of 2024 compared to a net loss of $139 million in the second quarter of 2023 and net income of $10 million in the first quarter of 2024.
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