Introducing Harmony Paper Towels & Bath Tissue

Bemis Company, Inc. reported financial results for its second quarter ended June 30, 2017. Refer to the reconciliation of Non-GAAP measures detailed in the attached schedule, including adjusted earnings per share, adjusted EBITDA, and net debt referenced in this release. “Total company profits were less than expected this quarter due to the impact of the challenging economic environment in Brazil. Sales volumes declined sharply in Brazil versus our run rates as consumers, retailers, and our customers reacted to the latest political instability. In our U.S. business, profits were in line with the expectations we shared last quarter,” said William F. Austen, Bemis Company’s President and Chief Executive Officer. “During June, we initiated a restructuring and cost savings plan to better position the Company in the current environment and for the long term. These efforts are progressing well to create a more agile, streamlined, and efficient business that continues to be successful over the long term.” Click Read More below for additional details.

Second Quarter 2020 Highlights: *Second quarter net earnings (loss) attributable to International Paper of $266 million, compared with $(141) million in the first quarter of 2020 and $292 million in the second quarter of 2019. First quarter 2020 net earnings included an after-tax charge of $337 million for the impairment of the net assets and write-off of foreign currency translation adjustment following the announcement of the sale of our Brazil Packaging business. *Second quarter adjusted operating earnings* (non-GAAP) of $305 million compared with $226 million in the first quarter of 2020 and $460 million in the second quarter of 2019 *Second quarter cash provided by operations of $890 million and year-to-date of $1.5 billion compared with $1.8 billion year-to-date in the same period of 2019 *Liquidity position of $3.6 billion at the end of the second quarter compared with $3.5 billion at the end of the first quarter, which reflects cash and unused committed facilities

In an ambitious stride towards environmental sustainability, Lacerta Group, LLC today announced the rollout of its newest innovation, ReCERTA™, a sustainable packaging material crafted from post-consumer recycled plastic. The introduction of ReCERTA™ comes on the heels of Lacerta's recent accolade, the EcoVadis Bronze status, awarded in February 2024 for the company's steadfast commitment to sustainability and circularity in operations. Matt Crider, VP of R&D and New Product Development at Lacerta, reflected on the achievement, stating, "Receiving the EcoVadis Bronze Status propels us further along our journey of environmental stewardship, and with ReCERTA™, we are setting a new benchmark for sustainable packaging." ReCERTA™ is engineered with a minimum average of 10% FDA-approved post-consumer recycled (PCR) content, underscoring Lacerta's dedication to reducing the environmental footprint of its packaging solutions. The material is designed to serve the needs of food processors, supermarkets, and distributors who are keen on aligning their operations with Environmental, Social, and Governance (ESG) objectives.