Market Minute: Packaging
Gardner Intelligence used first quarter results from 24 publicly traded U.S. packaging and container firms and additional data and analysis to assess the sector today and going forward.
Michael Guckes, chief economist for Gardner Business Intelligence, a division of Gardner Business Media, publisher of Plastics Technology, breaks down the packaging sector in this one-minute market update, which builds off his August column on the topic.
Revenue, EBITDA, and free cash flow were all higher on a year-over-year basis for the packaging and container firms, with 2018 earnings growth projected to come in at 27.5%. Revenues, meanwhile, are projected to increase by 7.7%, with capital expenditures and free cash flow also projected higher.
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