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MarketScreener Homepage  >  Equities  >  Nyse  >  Graphic Packaging Holding Company    GPK

GRAPHIC PACKAGING HOLDING COMPANY

(GPK)
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Graphic Packaging : Coca-Cola HBC Launches KeelClip(TM) Technology in Ireland, Northern Ireland and Austria - Graphic Packaging International

11/20/2020 | 05:31am EST

As the first step in its commitment to replace plastic wrap on all can multipacks in its European Union markets, Coca-Cola Hellenic Bottling Company has successfully begun implementing Graphic Packaging International's KeelClip(TM) technology in The Republic of Ireland, Northern Ireland and Austria. The initiative will save more than 3,000 metric tonnes of CO2 and 2,000 metric tonnes of plastic each year.

Steve Gould, new product development and marketing director of the beverage division at Graphic Packaging, said: "We are committed to work with Coca-Cola HBC to deliver this exciting innovation. We will continue to support the ongoing roll out and commercialization across Coca-Cola HBC's EU markets and are delighted to be partners in this endeavor."

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
COCA-COLA HBC AG -1.78% 2268 Delayed Quote.-4.59%
GRAPHIC PACKAGING HOLDING COMPANY -0.63% 17.22 Delayed Quote.1.65%
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Financials (USD)
Sales 2020 6 498 M - -
Net income 2020 217 M - -
Net Debt 2020 3 398 M - -
P/E ratio 2020 27,4x
Yield 2020 1,74%
Capitalization 4 663 M 4 663 M -
EV / Sales 2020 1,24x
EV / Sales 2021 1,25x
Nbr of Employees 18 000
Free-Float 99,0%
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 18,76 $
Last Close Price 17,22 $
Spread / Highest target 19,6%
Spread / Average Target 8,94%
Spread / Lowest Target -7,08%
EPS Revisions
Managers and Directors
NameTitle
Michael P. Doss President, Chief Executive Officer & Director
Phillip R. Martens Chairman
Stephen Richard Scherger Chief Financial Officer & Executive Vice President
Lynn A. Wentworth Independent Director
David D. Campbell Independent Director
Sector and Competitors