Berry Global Reports Quarterly Profit Increase
Berry Global Group is a Fortune 500 company based in Evansville. (photo provided)
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowEvansville-based Berry Global Group Inc. (NYSE: BERY) is reporting fiscal third quarter net income of $194 million, up from $191 million during the same period last year. Chief Executive Officer Tom Salmon said the company delivered on its strategic goals of driving organic growth and improving its balance sheet.
“We continue to invest in each of our businesses to build and maintain our world-class, low-cost, manufacturing base, with an emphasis on key growth markets and regions and continue to see incremental opportunity to invest organically in support of our unwavering commitment to global growth,” said Salmon. “The continued positive momentum from our investments in areas such as health and wellness, e-commerce, and food safety along with the focus on growing our emerging market exposure and driving more sustainable packaging, provide us the path to realize long-term consistent volume and earnings growth.”
You can connect to the full earnings report by clicking here.