Sonoco Reports Third Quarter 2024 Results
HARTSVILLE, S.C., Oct. 31, 2024 (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 September 29, 2024. Summary: Achieved GAAP net income attributable to Sonoco of $51 million, Adjusted EBITDA of $281 million, diluted earnings per share of $0.51 and Adjusted diluted earnings per share of $1.49Generated productivity improvements of $39 million during the third quarter of 2024 and $141 million during the first nine months of 2024Generated $438 million of operating cash flow and $171 million of Free Cash Flow duri