Graphic Packaging has released the financial results for the second quarter, ended June 30, 2026. Net sales of $2.19 bn (€1.88 bn) for the second quarter of 2026, with adjusted EBITDA of $247m (€212m) despite continued inflationary pressures.
The company recorded net income of $24m (€21m) during the quarter, while innovation sales growth contributed $40m (€34m) in additional revenue.
Graphic Packaging said structural cost actions are expected to deliver approximately $85m (€73m) of savings during 2026, helping to offset forecast inflationary costs of $150m (€129m) for the full year.
“We continued to execute against our near-term strategic priorities and delivered solid second quarter performance, with Adjusted EBITDA at the top of our guidance range despite greater than anticipated inflation,” said Robbert Rietbroek, President and Chief Executive Officer. “Our business demonstrated resilience, with both sales and volumes increasing in the first half of 2026 compared with the same period in 2025. We are beginning to realise the benefits of our productivity initiatives, disciplined cost management and improving operational efficiencies, which helped mitigate higher than expected inflationary pressures in the quarter.”
For the full year, the company expects net sales to be at the high end of its guidance range of $8.4-8.6 bn (€7.2-7.4 bn), while adjusted EBITDA is forecast to be at the low end of its $1.05-1.25 bn (€903m-€1.08 bn) guidance range due to inflation.
During the quarter, Graphic Packaging also confirmed the divestiture of its Croatia facility, announced plans to close its plant in Lebanon, Tennessee, and said it intends to evaluate the potential closure of its site in Winsford, UK.
