Goldman Sachs Starts Berry Plastics Group (BERY) at Buy
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Berry Plastics Group, Inc. Reports Second Quarter Fiscal 2016 Results
May 10, 2016 8:30 AM EDTEVANSVILLE, Ind.--(BUSINESS WIRE)-- Berry Plastics Group, Inc. (NYSE: BERY) today reported results for its second fiscal 2016 quarter, referred to in the following as the March 2016 quarter.
Highlights
Reported record net sales of $1,614 million for the March 2016 quarter compared to $1,224 million in the March 2015 quarter Recorded operating income of $165 million in the March 2016 quarter, an increase of 47% compared to the prior year quarter Posted record Operating EBITDA of $317 million (19.6 percent of net sales) in the March 2016 quarter compared... More