Second Quarter 2021 Summary *Reported sales grew 16% driven by strong core sales growth and positive currency effects *Core sales (excluding currency effects) increased 10% mainly on double digit core growth in Beauty + Home and Food + Beverage, driven by increased demand for our innovative dispensing solutions along with price adjustments related to rising input costs *Reported earnings per share totaled $0.81 (an increase of 29% compared to the prior year) *Reported net income totaled $55 million for the second quarter (an increase of 32% compared to the prior year) and $139 million year-to-date (an increase of 43% compared to the prior year) *Cash flow from operations was $176 million in the first half of 2021 (a decrease of 23% compared to the prior year)
The just released Paper and Packaging Board’s (P+PB) 9th annual State of the Campaign report details the positive impact of its sustainability campaign on the paper and packaging industry’s reputation and consumer preference.
The national consumer campaign addresses consumers’ concerns about the use of forests to make products, showcases product innovations and plastic substitutions, educates why using paper products is a smart choice for the environment and reminds how to recycle properly.
“The campaign is making an impact with consumers,” says Mary Anne Hansan, P+PB President. Learning the facts about the paper industry’s sustainability practices and product benefits dramatically improves whether our core audience sees the industry as part of the environmental solution or problem,” says Hansan. “After hearing our messaging, consumers’ perceptions of our industry tend to increase based on our Attitudes and Usage Tracking Survey. When people feel like they are part of the environmental solution by choosing paper products, their likelihood of consuming more paper and packaging increases.”
more at: https://www.paperandpackaging.org/industry-resources/news/paper-and-packaging-boards-state-campaign-report-highlights-impact