Mixed Year Financially for U.S. Packaging Companies
The stronger dollar battered 2015 revenue for publicly held U.S. packaging companies. In Packaging Strategies News’ analysis of the 16 in our group, sales growth averaged only 1.8% for the year.
The bright spots were among plastic packagers with exposure to the pharmaceutical markets, which outperformed the paper packaging companies. “Indeed the plastic packagers has some of the best fourth-quarter results thanks to lower resin costs, while the containerboard producers had difficult quarters,” wrote KeyBanc Capital Markets analyst Adam Josephson in a research note.
Exclusive Insights: Gain access to in-depth insights and best practices for trends, solutions and innovations for consumer packaged goods processors responsible for food, beverage, household, medical and pharmaceutical packaging.
Comprehensive Coverage: Stay informed with the latest news and trends through our videos, podcasts, eNewsletters, webinars, continuing education resources, and a monthly eMagazine.
Networking Opportunities: Connect with other industry professionals and leaders through our webinars and online platforms.
