Berry Plastics posts quarterly profit

By Jim Johnson
Senior Staff Reporter

Published: January 30, 2014 6:15 pm ET
Updated: January 30, 2014 6:21 pm ET

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Topics Packaging, Injection Molding, Film & Sheet, Thermoforming

Berry Plastics Group Inc. swung to a profit on higher revenue during the company’s fiscal year first quarter.

The Evansville, Ind.-based company earned $6 million, or 5 cents per diluted share, on sales of $1.14 billion for the quarter ended Dec. 28. That compares to a loss of $10 million, or 9 cents per diluted share, on sales of $1.07 billion for the previous first quarter.

“Despite the continued pressure from increasing raw material costs couple with subdued consumer and customer demand, we finished the quarter in line with our expectations,” CEO Jon Rich said in a statement.


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Berry Plastics posts quarterly profit

By Jim Johnson
Senior Staff Reporter

Published: January 30, 2014 6:15 pm ET
Updated: January 30, 2014 6:21 pm ET

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