BRIEF-Graphic Packaging Holding Says Its Mill Facilities In Texarkana, Texas & West Monroe, Louisiana Were Impacted By Storms During Period Of Feb 12-16

Reuters · 02/24/2021 14:00
BRIEF-Graphic Packaging Holding Says Its Mill Facilities In Texarkana, Texas & West Monroe, Louisiana Were Impacted By Storms During Period Of Feb 12-16

- Graphic Packaging Holding Co GPK.N:

  • GRAPHIC PACKAGING HOLDING - CO'S MILL FACILITIES IN TEXARKANA, TEXAS & WEST MONROE, LOUISIANA WERE IMPACTED BY STORMS DURING PERIOD OF FEB 12-16

  • GRAPHIC PACKAGING HOLDING - BOTH MILLS EXPERIENCED UNPLANNED DOWNTIME, INCURRED UNFAVORABLE FINANCIAL IMPACTS DURING PERIOD OF FEB 12-16

  • GRAPHIC PACKAGING HOLDING - WAS ABLE TO MINIMIZE IMPACT TO CUSTOMERS BY UTILIZING EXISTING INVENTORY, OTHER FACILITIES DURING PERIOD OF FEB 12-16

  • GRAPHIC PACKAGING HOLDING - FINANCIAL IMPACT FROM OUTAGES, COSTS TO BRING BOTH MILLS BACK ONLINE CURRENTLY EXPECTED TO BE BETWEEN $15 MILLION TO $20 MILLION

  • GRAPHIC PACKAGING HOLDING - NOW ANTICIPATES Q1 2021 ADJUSTED EBITDA TO BE IN RANGE OF $245 MILLION TO $255 MILLION

Source text: [ID: https://bit.ly/3dHpwYd]

Further company coverage: GPK.N


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