SON - Earnings announcements

HARTSVILLE, S.C., April 21, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for the first quarter ended March 29, 2026. Summary: Net sales in the first quarter were $1.7 billionReported first quarter U.S. generally accepted accounting principles ("GAAP") net income attributable to Sonoco of $67.6 million, up from $54.4 million in the same period in 2025; GAAP operating profit of $127.1 million, compared with $126.9 million in the same period in 2025Diluted earnings per share ("EPS") attributable to Sonoco was $0.68, up from $0.55 in the same period in 2025Achieve

HARTSVLLE, S.C., April 17, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), a global leader in high-value sustainable packaging, will announce first quarter 2026 results on Tuesday, April 21, 2026 after the market closes. The Company will host a conference call to discuss these results on Wednesday, April 22, 2026, at 8:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:                                     Sonoco First

Annual Shareholders Meeting to be held April 15 First Quarter 2026 Results to be released April 21 HARTSVILLE, S.C., March 16, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE:SON), a global leader in high-value sustainable packaging, has issued its 2025 Annual Report to Shareholders and announced the date for its 2026 Annual General Meeting. The annual report details the Company's 2025 financial results, its strategy and the transformation of the business to create a more focused, simplified and stronger company. "Our objective in focusing our portfolio was straightforward: to improve the quality, predictability and durability of our earnings and cash flow while creating long term

HARTSVILLE, S.C., Feb. 16, 2026 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for the fourth quarter and full year ended December 31, 2025. Summary: Grew fourth quarter net sales to $1.8 billion, up 29.7% from the prior-year quarter, primarily from acquisition activityReported fourth quarter U.S. generally accepted accounting principles ("GAAP") net income attributable to Sonoco of $332.2 million, up from a loss of $(43.0) million in the same period in 2024, GAAP operating profit of $520.2 million, up from $56.1 million in the same period in 2024, and diluted earnin

HARTSVILLE, S.C., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for the third quarter ended September 28, 2025. Summary: Entered into an agreement on September 7, 2025, to sell Sonoco's ThermoSafe business unit, which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Partners for a total purchase price of up to $725 million, with net proceeds expected to be used to repay existing debtGrew third quarter net sales to $2.1 billion, up 57.3% from the prior-year quarter, primarily from acquisitionsReported third quarter GA

ThermoSafe Sale Completes Company's Transformation into a Global Metal and Fiber Packaging Leader Net Proceeds to be Used to Reduce Debt HARTSVILLE, S.C., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today announced it has signed a definitive agreement to sell its ThermoSafe business unit ("ThermoSafe"), which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Partners ("Arsenal"), a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies, for a total purchase price of up to $7

HARTSVILLE, S.C., July 23, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for the second quarter ended June 29, 2025. Summary: Grew second quarter net sales to $1.9 billion, up 49.4% from the prior-year quarter primarily from acquisitionsReported second quarter GAAP net income attributable to Sonoco of $493 million, up from $91 million in the same period in 2024, and diluted earnings per share attributable to Sonoco of $4.96; $425 million of the increase, net of tax, was attributable to the sale of the Company's Thermoformed and Flexibles Packaging and global Tr

HARTSVILLE, S.C., July 14, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), a global leader in high-value sustainable packaging, will announce second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. The Company will host a conference call to discuss these results on Thursday, July 24, 2025, at 8:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco Second Quarter 2025 Earnings Webcas

HARTSVILLE, S.C., July 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), a global leader in high-value sustainable packaging, will announce second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. The Company will host a conference call to discuss these results on Thursday, July 24, 2025, at 9:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:                                     Sonoco Seco

HARTSVILLE, S.C., April 29, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today reported financial results for the first quarter ended March 30, 2025. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively,

HARTSVLLE, S.C., April 28, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, will announce first quarter 2025 results on Tuesday, April 29, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, April 30, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco First Quarter 2025 Earnings Webcast  Time

HARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today announced it has completed the sale of its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. ("Toppan") for a purchase price of approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments (the "Transaction"). "Today marks a milestone in achieving our strategy to transform Sonoco into a simpler, stronger and more sustainable Company. We extend our best wishes for continued success to our approximately

Annual Shareholders Meeting to be held April 16 First Quarter 2025 Financial Results to be Released on April 29 HARTSVILLE, S.C., March 17, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE:SON), a global leader in high-value sustainable packaging, issued its 2024 Annual Report to Shareholders and announced the date for its 2025 Annual General Meeting. The annual report details the Company's 2024 financial results, its strategy and the transformation of the business following the acquisition of Eviosys, Europe's leading food cans, ends and closures manufacturer, as well as the announced sale of its Thermoforming and Flexible Packaging operations to TOPPAN Holdings Inc. "2024 wa

HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Sonoco Products Company (NYSE:SON), please note that the cash flow from operating activities under Full-Year 2025 Guidance should be $800 million to $900 million, not $750 million to $850 million as previously stated. The corrected release follows: Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and

HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today reported financial results for its fourth quarter and fiscal year ended December 31, 2024. References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging segment "segment operating profit" and "segment adjusted EBITDA" along with the corresponding year-over-year comparable results, do not include results of the Company's Thermoformed and Flexibles Packaging business and its global Trident business (collectively, "TFP"), which are being acc

HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), a global leader in high-value sustainable packaging, will announce fourth quarter 2024 results on Tuesday, February 18, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:                                   

HARTSVILLE, S.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), a global leader in high-value sustainable packaging, today announced senior leadership changes which became effective on January 3, 2025. Jerry Cheatham, a 36-year finance leader within Sonoco, has been named interim Chief Financial Officer, replacing Chief Financial Officer Rob Dillard, who has departed the Company. Mr. Cheatham has been Vice President of Global Finance for the Company's Industrial Paper Packaging segment since December 2022 and previously served in several finance and accounting leadership roles since joining the Company in 1988. Mr. Cheatham holds a B

HARTSVLLE, S.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), one of the largest global sustainable packaging companies, will announce third quarter 2024 results on Thursday, October 31, 2024 after the market closes. The Company will host a conference call to discuss these results on Friday, November 1, 2024 at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:                                     

HARTSVILLE, S.C., July 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its second quarter ended June 30, 2024. Summary: Achieved GAAP net income attributable to Sonoco of $91 million, Adjusted EBITDA of $262 million, diluted earnings per share of $0.92 and diluted Adjusted earnings per share of $1.28Generated strong productivity of $51 million during the second quarter and $102 million during the first half of 2024Generated $275 million of operating cash flow and $96 million of Free Cash Flow during the first half of

HARTSVLLE, S.C., July 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), one of the largest global sustainable packaging companies, will announce second quarter 2024 results on Wednesday, July 31, 2024 after the market closes. The Company will host a conference call to discuss these results on Thursday, August 1, 2024 at 9:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco Second Quarter 2024 Earnings Webca

Advances Sonoco's Shareholder Value Creation Strategy Through Disciplined and High Return Capital Investment Transaction Value of Approximately $3.9 Billion Represents a Multiple of 7.3x 2024 Expected Adjusted EBITDA Including Synergies Rodger Fuller, Chief Operating Officer, to Lead Integration; Expect to Achieve Over $100 Million of Synergies Within 24 Months Acquisition Expected to be Immediately Accretive to Adjusted EPS and Over 25% Accretive to 2025 Expected Adjusted EPS1 Transaction Advances Portfolio Transformation Strategy with Initiated Execution of at Least $1 Billion Divestiture Plan, with Net Proceeds for Deleveraging Sonoco Intends to Retain an Investment Grade Rating with

HARTSVILLE, S.C., April 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its first quarter ended March 31, 2024. Summary: Generated $166 million of operating cash flow and $80 million of Free Cash FlowAchieved net income attributable to Sonoco of $65 million, Adjusted EBITDA of $245 million, diluted earnings per share of $0.66 and diluted Adjusted earnings per share of $1.12; higher productivity of $51 million partially offset price/cost pressures and lower volumesCompleted the sale of Protective Solutions on April 1, 2024, as part of our

HARTSVILLE, S.C., April 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), one of the largest global sustainable packaging companies, will announce first quarter 2024 results on Tuesday, April 30, 2024 after the market closes. The Company will host a conference call to discuss these results on Wednesday, May 1, 2024 at 9:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/. A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:S

HARTSVILLE, S.C., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023. Summary Achieved second best full year results for Adjusted EPS in the Company's 125-year historyGenerated a record $883 million of operating cash flow and $600 million of Free Cash Flow in the full year of 2023Invested a record level of capital in the business for future growth and productivityAchieved record results in Operating Profit and Adjusted EBITDA in flexible packaging and record net sales in rigid

HARTSVLLE, S.C., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), one of the largest global sustainable packaging companies, will announce fourth quarter 2023 and annual 2023 results on Wednesday, February 14, 2024 after the market closes and host a conference call to discuss these results on Thursday, February 15, 2024 at 8:30 AM Eastern Time. Sonoco 2023 Q4 Earnings Call:Date:February 15, 2024Event Time:8:30 AM to 9:30 AM ETAudio Dial-In:To listen via telephone, please register in advance at https://register.vevent.com/register/BIb02c00d4851542b581e403c009193b43Webcast Link:https://edge.media-server.com/mmc/p/owncumwd   Sonoco will host a

HARTSVILLE, S.C., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended October 1, 2023. Summary Sonoco achieved fully diluted earnings per share of $1.32 and Adjusted earnings per share (diluted) of $1.46Generated sequential growth in Sales, Net Income, and Adjusted EBITDA and improved Net Income Margin and Adjusted EBITDA Margin to 7.6% and 16.4%, respectively.Continued near record results in the flexible packaging and the rigid paper container businesses in the Consumer Packaging ("Consumer") and Industrial Paper Pa

HARTSVLLE, S.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company")(NYSE:SON), one of the largest global sustainable packaging companies, will announce third quarter 2023 results on Tuesday, October 31, 2023 after the market closes. The Company will host a conference call to discuss these results on Wednesday, November 1, 2023 at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at https://investor.sonoco.com/.   A webcast replay will be available on the Company's website for at least 30 days following the call.  Event:Sonoco Third Quarter 2023 Earnings Webc

HARTSVILLE, S.C., July 31, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its second quarter ended July 2, 2023. Summary Strong performance and cash flows despite operating in a generally disruptive demand environmentMost of our businesses were at or above expectations for the quarter due to commercial and operational excellence, with particular strength in the flexible packaging and rigid paper container businesses, offset by weakness in the metal packaging and industrial North American region businesses         Inventory management and destocking

HARTSVILLE, S.C., July 17, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest global sustainable packaging companies, will announce second quarter 2023 results on Monday, July 31, 2023 after the market closes. The Company will host a conference call to discuss these results on Tuesday, August 1, 2023 at 8:30 a.m. Eastern Time. Conference Call WebcastThe live conference call and a corresponding presentation can be accessed via the Company's Investor Relations website at https://investor.sonoco.com. To listen via telephone, please register in advance at https://register.vevent.com/register/BI2e80cd98f361446fa3e24c0a35507e69. Upon

HARTSVILLE, S.C., May 01, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its first quarter ended April 2, 2023. Highlights First-quarter results met the high end of the previously provided quarterly guidanceRaising full year guidance based on strength of operating modelContinued progress on strategic priorities including portfolio optimizationIncreased quarterly cash dividend to $0.51 per share; 40th straight year of annual dividend increasesReleased annual Corporate Responsibility Report, which highlighted commitments to ESG initiatives First Quarter

HARTSVILLE, S.C., March 21, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE:SON), a diversified global packaging leader, today provided updated first-quarter 2023 earnings guidance and announced its earnings release date and investor conference call information. Sonoco Provides First-Quarter 2023 Financial Update Based on year-to-date results and an updated forecast for the remainder of the first quarter, Sonoco expects first-quarter 2023 base (adjusted) earnings to be in the range of $1.30 to $1.40 per diluted share, which is above the Company's previously communicated guidance range of $1.15 to $1.25 per diluted share. (See base earnings definition later in this release.) Sonoco

HARTSVILLE, S.C., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its fourth quarter and full year, which ended December 31, 2022. Fourth Quarter and 2022 Highlights Delivered progress on strategic priorities including portfolio simplification and structural transformationAchieved record fourth quarter and annual financial results. In the fourth quarter, revenue grew 16%. GAAP EPS grew by 48% and Base EPS grew by 28% year-over-yearSuccessfully integrated the Metal Packaging acquisition to expand rigid packaging in North AmericaC

HARTSVILLE, S.C., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Sonoco Products Company ("Sonoco" or the "Company") (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended October 2, 2022. Third Quarter 2022 Highlights Third-quarter results exceeded the high end of guidanceAnnounced the Skjern Paper acquisition to expand production capacity in EuropeLaunched state-of-the-art uncoated recycled paperboard (URB) #10 machine in the Hartsville Mill ComplexReleased updated Corporate Responsibility Report highlighting commitments to ESG initiativesContinued progress on strategic priorities which are expected to benefit financia

HARTSVILLE, S.C., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global sustainable packaging companies, today announced upcoming investor events: Bank of America Sustainability Conference on Thursday, September 1, 2022. The Sonoco Head of ESG/Sustainability will provide a presentation at 9:30 AM ET. Interested investors should contact their Bank of America representative to secure presentation access. Bank of America Investor Road Trip on Wednesday, September 7, 2022. Sonoco will host investors at our Elk Grove facility for an operations tour and discussions with management at 2:15 PM ET. Sonoco 3rd Quarter Earnings Call on Tuesday, November 1, 2022

HARTSVILLE, S.C., July 21, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its second quarter ended July 3, 2022. Second Quarter Highlights Net sales were a record $1.91 billion, an approximately 38 percent increase from last year's second quarter 2021 sales of $1.38 billion.GAAP net income per diluted share was $1.33, compared with a loss of $(3.34) in the same period in 2021.GAAP net income includes net after-tax, non-base charges totaling $42.1 million, or $0.43 per diluted share. These charges largely consist of amortization of acquired intangibles, acquisition-related expenses, including cert

HARTSVILLE, S.C., June 22, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global sustainable packaging companies, today provided updated guidance for its second quarter net income per diluted share, ending July 3, 2022, and announced its earnings release date and investor conference call information. Sonoco Provides Second-Quarter 2022 Financial Update Based on strong April and May results combined with its current June forecast, Sonoco expects second-quarter 2022 GAAP net income to be in a range of $1.27 to $1.37 per diluted share compared to a loss of ($3.34) per diluted share in the prior year quarter. Second-quarter GAAP net income reflects estimated after-tax restruc

HARTSVILLE, S.C., April 21, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its first quarter ended April 3, 2022. First Quarter Highlights First quarter 2022 net sales were a record $1.77 billion, compared with $1.35 billion in the same period in 2021.First quarter 2022 GAAP earnings per diluted share were $1.17, compared with $0.71 in the same period in 2021.First quarter 2022 GAAP earnings include net after-tax, non-base charges totaling $67.4 million, or $0.68 per diluted share. These charges largely relate to the acquisition of Ball Metalpack, rebranded as Sonoco Metal Packaging, changes

HARTSVILLE, S.C., March 22, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global sustainable packaging companies, today provided updated first-quarter 2022 earnings guidance and announced its earnings release date and investor conference call information. Sonoco Provides First-Quarter 2022 Financial UpdateBased on year-to-date results and an updated forecast for the remainder of the first quarter, Sonoco expects first-quarter 2022 GAAP earnings to be in a range of $0.80 to $0.90 per diluted share. The first quarter GAAP earnings reflects the anticipated impact of estimated after-tax restructuring charges, acquisition-related expenses (including certain aspects of purchase

HARTSVILLE, S.C., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, today reported financial results for its fourth quarter and full year, both ending December 31, 2021. Fourth-Quarter and Full-Year Highlights Fourth-quarter 2021 net sales were $1.44 billion, up from $1.38 billion in 2020. Full-year 2021 net sales were $5.59 billion, compared to $5.24 billion in 2020.Fourth-quarter 2021 GAAP earnings per diluted share was $0.66, compared with a GAAP loss per diluted share of $(0.12) in 2020. The full-year 2021 GAAP loss per diluted share was $(0.86), compared to GAAP earnings per diluted share of $2.05 in 2020. The full-year 2

HARTSVILLE, S.C., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, today announced it has completed the acquisition of Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol can producer in North America. Ball Metalpack was a joint venture owned by Platinum Equity and Ball Corporation (NYSE:BLL). "Sonoco and Ball Metalpack are a clear strategic fit. The metal packaging business complements Sonoco's largest Consumer Packaging franchise – our iconic global Paper Cans and Closures business. In addition, this combination expands Sonoco's already established

HARTSVILLE, S.C., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, will host its regular quarterly investor conference calls on the below dates and times. Any updates to these reporting dates or times will be communicated in subsequent news releases.  News Release (1)Conference Call (2)Fourth Quarter 2021 ResultsFebruary 10, 2022February 10, 2022  11 a.m. ETFirst Quarter 2022 ResultsApril 21, 2022April 21, 2022  11 a.m. ETSecond Quarter 2022 ResultsJuly 21, 2022July 21, 2022  11 a.m. ETThird Quarter 2022 ResultsOctober 20, 2022October 20, 2022  11 a.m. ET (1) News releases will be issued on the dates noted before the opening o

Acquisition Complements Sonoco's Largest Consumer Packaging Franchise Transaction to Strengthen Cash Flows and Earnings Further Expands Company's Sustainable Packaging Portfolio HARTSVILLE, S.C., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest sustainable global packaging companies, today announced it has entered into a definitive agreement to acquire Ball Metalpack, a leading manufacturer of sustainable metal packaging for food and household products and the largest aerosol producer in North America, for $1.35 billion in cash before taking into consideration tax benefits with an estimated net present value of approximately $180 million. Ball Metalpack is a joint

HARTSVILLE, S.C., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its third quarter ended October 3, 2021. Third Quarter Highlights Third quarter 2021 GAAP earnings per diluted share were $1.12, compared with $0.82 in 2020.Third quarter 2021 GAAP earnings included a net after-tax benefit of $20.6 million, or $0.21 per diluted share, primarily related to a $0.30 per diluted share non-base income tax benefit, which more than offset restructuring-related charges and other non-base items. In the third quarter of 2020, GAAP earnings included net after-tax charges of $3.6 million related mo

HARTSVILLE, S.C., July 22, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter ended July 4, 2021. Second Quarter Highlights Second quarter 2021 GAAP net loss per diluted share was $(3.34), compared with earnings per diluted share of $0.55 in 2020.Second quarter 2021 GAAP net loss included net after-tax charges of $418.7 million, due mostly to a non-cash pension settlement charge of $406.5 million related to the Company's settlement of the outstanding pension liabilities of the Sonoco Pension Plan for Inactive Participants (the "Inactive Plan"), and a $15.0 million expense related t