Feed:
312
- Date:
2/8/2025
- Views:
51
Packaging Corporation of America (PCA) has announced its Fourth Quarter and Full Year 2024 results, showcasing strong performance across key indicators.
The company reported year-over-year growth in sales, net income, and EBITDA.
Interestingly, the comparison between the Packaging and Paper segments reveals a notable trend. While many industry players are divesting paper assets to concentrate on packaging or converted paper, PCA's paper segment outperformed packaging in terms of operating income over sales and EBITDA over sales.
Despite the industry's shift, PCA's results suggest that producing paper, though less glamorous on Wall Street, can still be highly profitable.
Source:https://www.paperadvance.com/