GPK - Graphic Packaging: Becoming A Better Business
2024-05-07 18:10:08 ET
Summary
- Graphic Packaging Holding Company has seen strong growth in sales and improved its margins, making it a better business recently.
- The company focuses on more sustainable consumer packaging, with food packaging responsible for nearly 40% of sales, as this is a consumer play at large.
- Graphic Packaging recently announced a divestment to keep leverage in check, but if earnings continue to grow, valuation multiples have room to expand.
Shares of Graphic Packaging Holding Company ( GPK ) have seen a decent run higher recently as the consumer packaging company seems to have become a better business lately, having grown sales while improving margins in its Q1 2024 earnings release ....
Graphic Packaging: Becoming A Better Business