Graphic Packaging has reported a Q4 2009 net income of $31.8m, or $0.09 per share compared to a net loss of $57.7m, or $0.17 per share a year earlier.
The US packaging firm said for the full year, its net income was $56.4m, or $0.16 per share compared to a net loss of $99.7m or $0.32 a share in 2008.
In Q4, Graphic Packaging's net sales decreased 6.6% to $978.6m compared to 2008 fourth quarter net sales of $1,047.7m.
Georgia-based company's paperboard packaging sales, which comprised nearly 83.5% of total fourth quarter net sales, declined 3.2%, it said.
Sales in the multi-wall bag and specialty segments declined 20.6% due to a poor end use market in construction and industrial sectors.
Graphic said Q4 adjusted EBITDA was $123.7m, 18.4% higher than the prior year.
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