Sonoco Products Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,635.8 million compared to USD 1,676.02 million a year ago. Net income was USD 81.24 million compared to USD 97.2 million a year ago. Diluted earnings per share from continuing operations was USD 0.82 compared to USD 0.98 a year ago.
For the full year, sales was USD 6,781.29 million compared to USD 7,250.55 million a year ago. Net income was USD 474.96 million compared to USD 466.44 million a year ago. Diluted earnings per share from continuing operations was USD 4.8 compared to USD 4.72 a year ago.