Graphic Packaging sees ‘significant’ opportunity to create value for investors

While the business faces select near-term market headwinds, there is a significant opportunity to create value for shareholders, Graphic Packaging (GPK) said in investor presentation slides. The company is undertaking 90-day comprehensive review of the organization structure, operations and operations footprint, including on-site assessments of operations and conversations with key stakeholders and customers, and selective review of portfolio. Says current environment is “challenged.” Overcapacity in the commodity bleached paperboard market in North America and Europe has put downward pressure on finished packaging pricing across industry, it added.