Graham Packaging Reports Second Quarter 2008 Results
– Net sales increases 5.7% to $688.2 million – Net income increases 455% to $28.3 million – LTM EBITDA growth of 6.4%
– Net sales increases 5.7% to $688.2 million – Net income increases 455% to $28.3 million – LTM EBITDA growth of 6.4%
— Revenue of $184.9 Million; Growth of 4.0% — Reports Net Income of $18.9 Million, or Fully Diluted EPS of $0.42 — Gross Margin of 42.8% — Reaffirms Full-Year Forecast: Revenue of $720-$760, EPS of $1.52-$1.60
The board of directors of The E. W. Scripps Company (NYSE:SSP) has declared a quarterly dividend of 15 cents ($0.15) per share payable September 10 to shareholders of record at the close of business August 31.
No former employee in Weyerhaeuser’s containerboard packaging business that is represented by the United Steelworkers (USW) will lose their job or see a change in their contract due to the sale of Weyerhaeuser’s containerboard packaging and recycling business to International Paper (IP).
Quebecor World Inc. (TSX: IQW) today announced it has reached a new 7-year agreement valued at approximately $45 million with Canada Wide Media Ltd to print Magazines and Periodicals for the Vancouver-based publisher. The agreement includes renewal work on titles such as BC Business, Westworld Publications, BC Home, Alberta Home, Gardenwise and Granville Magazine.
– Organic online revenue growth of 44% – Strong margin performance – Increase in cash distributions per unit to $1.17 annually
Siegwerk was awarded the certificate for promotion of young people by Germanys Federal Employment Agency, the Bundesagentur für Arbeit.