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Net income falls for paper packaging giants
date:May 08, 2012
Graphic Packagings Q1 net income fell 35% to US$17.3m (13.3m) as the company said it was negatively impacted by $10.1m in higher income tax expenses.
RockTenns Q2 net profit fell to $31.9m (24.5m), as $27m was spent on the closure of a containerboard mill in Canada and $8.7m of pre-tax integration and acquisition costs relating to Smurfit Stone.




Graphic Packaging Q1



For Graphic Packaging, net sales increased 6.7% year-on-year due to favourable volume/mix and higher pricing passed onto cus

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