Sonoco (SON) Tops Q3 EPS by 23c

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Go back to Sonoco (SON) Tops Q3 EPS by 23c

Sonoco Reports Strong Third Quarter 2022 Results

October 31, 2022 4:10 PM EDT

HARTSVILLE, S.C., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended October 2, 2022.

Third Quarter 2022 Highlights

Third-quarter results exceeded the high end of guidanceAnnounced the Skjern Paper acquisition to expand production capacity in EuropeLaunched state-of-the-art uncoated recycled paperboard (URB) #10 machine in the Hartsville Mill ComplexReleased updated Corporate Responsibility Report highlighting commitments to ESG initiativesContinued progress on strategic... More