Q2 2022 Highlights *Sales of $1,119 million (compared with $1,038 million in Q1 2022 and $956 million in Q2 2021) *Operating income (loss) of $32 million (compared with $(4) million in Q1 2022 and $23 million in Q2 2021) *Operating income before depreciation and amortization (OIBD) of $95 million (compared with $56 million in Q1 2022 and $87 million in Q2 2021) *Net earnings per common share of $0.10 (compared with net loss per common share of ($0.15) in Q1 2022 and net earnings per common share of $0.02 in Q2 2021)
Total Packaging Papers & Specialty Packaging shipments in December increased eight percent compared to December 2019. They were up five percent when compared to the same 12 months of 2019.
The operating rate was 83.3 percent, up 0.6 points from December 2019 and essentially flat (-0.2 pts.) year-to-date.
Mill inventories at the end of December increased 2,000 short tons from the previous month and were up 3,000 short tons compared to December 2019.