date:Apr 29, 2014
Net sales were down by 2.5% to $27.8m compared to the same period in 2013. Excluding prior year sales from divested businesses, Q1 net sales were up 1.7% to $17.5m.
The Georgia-based company is one of the largest producers of folding cartons and holds a strong market position in coated-unbleached kraft, coated-recycled boxboard multi-wall bag and specialty packaging.
We had a solid quarter despite mother nature not co-operating, said chief executive David Scheible. Our key operating and financ