Sonoco Products Company Reports Q2 2023 Net Income of $148 Million

Sonoco Products Company,(SON) a leading global provider of diversified consumer packaging, industrial products, and packaging services, has released its financial results for the second quarter of 2023. The company reported a net income of $148 million for the quarter, showcasing strong financial performance. Additionally, Sonoco's revenue for Q2 2023 reached $1.73 billion, reflecting its continued growth and stability in the market.

Net Income/Loss

Sonoco Products Company reported a net income of $148 million for the three months ended April 2, 2023. This represents a significant increase compared to the net income of $115 million reported during the same period last year, demonstrating a robust financial performance and growth trajectory for the company.

Revenue