Financial, Nonwovens News

Berry’s Sales Grow 18%

Health, Hygiene and Specialties net sales up $7 million

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By: Tara Olivo

Associate Editor at Nonwovens Industry

Berry Global’s net sales increased 18% to $1.8 billion in the December 2017 quarter. The net sales increase of $274 million from the prior year quarter is primarily attributed to acquisition net sales of $267 million, an $18 million favorable impact from currency translation, and increases in selling prices due to the pass through of higher resin prices. These increases are partially offset by a 1% base volume decline.

Health, Hygiene, and Specialties’ net sales increased by $7 million from the prior year quarter primarily attributed to a $16 million favorable impact from currency translation, partially offset by a 1% base volume decline.

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