Berry Reports Second Quarter Results

(Photo courtesy of Berry Global)

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Evansville-based Berry Global Group Inc. (NYSE: BERY) is reporting second quarter net income of $74 million, down from $90 million during the same period last year. The manufacturer says cash flow from operations increased 29 percent this quarter.

Berry Global produces a variety of packaging, protection solutions, and adhesive products, among others, for different industry sectors. Chief Executive Officer Tom Salmon says the company’s consumer packaging delivered strong growth, and was largely led by its food service products.

Salmon added: “The fundamentals of this business remain strong and we are now better positioned for growth in these attractive markets. Additionally, we continue to be excited about the Laddawn acquisition which has been inspiring new ways for us to look at our core business as a vehicle to enhance growth, as well as, our customer experience.”

You can connect to the full earnings report by clicking here.