- Graphic Packaging's competitive advantage comes from the scale of its operations. Seventy percent of the company's products are manufactured via a vertically integrated process.
- The company has had a disciplined approach to capital allocation. Since 2015, the company has acquired 15 smaller competitors and returned capital to shareholders via buybacks.
- There is a growing awareness among consumers about the wasteful nature of a lot of consumer goods packaging.
For further details see:
Graphic Packaging: Defensive Business At Reasonable Growth And Valuation