Berry Global Group, Inc. Reports Strong First Quarter 2021 Results
First Quarter Highlights (all comparisons made to the December 2019 quarter) *Net sales of $3.1 billion; 7 percent organic volume growth *Operating income up 53 percent to $304 million *Operating EBITDA up 20 percent to $539 million *Increased fiscal 2021 organic volume growth assumption by 2 percent, now targeting 4 percent. Berry’s Chairman and CEO Tom Salmon said, “Berry’s fiscal 2021 is off to an exceptional start with record first quarter financial results exceeding our expectations. Consumer demand for our products remains consistent and certain markets which previously experienced COVID-19 headwinds are rebounding quicker than we expected.