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Zacks highlights Sonoco raising Q1 earnings outlook on higher demand, noting its gain from Metal Packaging acquisition, strong recovery in price across most of its businesses; stable consumer demand, other factors expected to drive results in current year
Published:
March 22, 2023
by Zack's Commentary
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Morningstar initiates Sonoco at US$55 fair value estimate, noting strong 2022 amid steady demand for its packaging, robust pricing gains; Sonoco's pricing gains should slow, return to more normalized rates as inflationary pressures soften through the year
Published:
March 21, 2023
by Morningstar
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Sonoco raises Q1 financial guidance due to improving productivity, lower than expected input costs and higher demand than forecasted in certain products and end markets
Published:
March 21, 2023
by GlobeNewswire
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Sonoco Protective Solutions plans to purchase new steam chest molding machines, lease new fork trucks, add air compressors, transition to a newer production data system and update boilers in its plant in Owosso, Michigan
Published:
March 21, 2023
by US Official News
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Sonoco becomes member of European Paper Packaging Alliance, a food and foodservice packaging association; Sonoco to collaborate with other EPPA members to promote the value of recycling, as well as the use of poly-coated fiber-based packaging
Published:
March 20, 2023
by Sonoco Products Co.
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