Posted in: Packaging Technology 02/09/2015 - 06:36
NORTHBROOK, IL, Feb. 9, 2015 (PRNewswire) -KapStone Paper and Packaging Corporation (KS) today reported preliminary results for the fourth quarter and year ended December 31, 2014.
As compared to 2013's fourth quarter, results for 2014's fourth quarter are below:
Net sales of $563 million flat to the prior year
Net income of $34 million down $9 million, or 22 percent
Adjusted net income of $40 million down $4 million, or 8 percent
Adjusted EBITDA of $102 million down $8 million, or 7 percent