Strong Financial Performance
Graphic Packaging reported full-year 2024 sales of $8.8 billion, adjusted EBITDA of $1.7 billion, and adjusted EPS of $2.49. Fourth quarter sales were $2.1 billion with adjusted EBITDA at $404 million and adjusted EPS of $0.59.
Successful Divestiture and Capital Reallocation
Successfully divested the Augusta Georgia bleached paperboard facility, reallocating capital more effectively, and reducing open market bleached paperboard sales exposure.
Innovation and Sustainability Initiatives
Delivered $205 million in innovation sales growth for 2024, with a focus on sustainable packaging solutions and significant investments in renewable energy.
Dividend Increase
The Board of Directors approved a 10% increase in the quarterly dividend to $0.11 per share, reflecting strong business performance and declining capital needs.