Graphic Packaging International, a leading provider of packaging solutions to food, beverage and consumer product companies, declared a quarterly dividend of USD 0.075 per share. The dividend is payable on October 5, 2017 to shareholders of record at the close of business on September 15, 2017.
In 1Q2017 the company decreased Adjusted EBITDA margin to 15.2%
Earlier Graphic Packaging agreed to acquire assets of Carton Craft and Lithocraft in the US.
The company is one of the world’s leading printed carton suppliers, producing packaging product for both the food and beverage sectors. It is one of the largest manufacturers of folding cartons, unbleached paperboard, coated recycled board, microwave packaging and machinery.