Graphic Packaging Reports Loss in Q3 2024 Update
Q3 2024 Outlook: Severe Weather Impacts Graphic Packaging's Earnings & Adjusted EBITDA
Graphic Packaging Holding Company [GPK] reported a loss in the third quarter of 2024, with Adjusted EBITDA expected to decrease by approximately $20 million to $25 million compared to the previous quarter. The quarter ended on September 30, 2024, with operating challenges impacting the company's financial performance.
The company, headquartered in Atlanta, Georgia, has filed with SEC an 8-K earnings report.
Graphic Packaging Holding Company, a leader in sustainable consumer packaging, experienced a decrease in revenue in the current period compared to the previous quarter. The company operates in the consumer packaging industry sector and faced challenges impacting its financial results in the reported period.
In comparison to the revenue for the same quarter in the previous year, Graphic Packaging Holding Company saw a decrease in revenue in the current quarter. Regarding profit or loss, there was a percentage change in the current quarter compared to the same quarter of the previous year.
As of August 30, 2024 end of day trading.
