During July 2024, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production and restart costs. <\/p>\n\n\n\n
While not material individually, as a group these events and added costs are expected to reduce Adjusted EBITDA by approximately $20 million to $25 million in the third quarter. As a result, the company now expects full-year 2024 results will fall below the midpoint of the previously announced $1,730 million to $1,830 million Adjusted EBITDA guidance range and the $2.65 to $2.85 Adjusted EPS guidance range. <\/p>\n\n\n\n
Each of the affected facilities resumed normal operations and customer service levels were not affected. Graphic Packaging<\/strong> designs and produces consumer packaging made primarily from renewable or recycled materials. <\/p>\n\n\n\n An industry leader in innovation, the company is committed to reducing the environmental footprint of consumer packaging. <\/p>\n\n\n\n Graphic Packaging operates a global network of design and manufacturing facilities serving the world\u2019s most widely recognized brands in food, beverage, foodservice, household and other consumer products.<\/p>\n","protected":false},"excerpt":{"rendered":" During July 2024, severe weather conditions led to modestly reduced production at two paperboard manufacturing facilities. In August, an electrical substation was damaged at a third facility, resulting in additional disruption, lost production and restart costs. While not material individually, as a group these events and added costs are expected to reduce Adjusted EBITDA by … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":6442,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[154],"tags":[],"class_list":["post-6441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ottobre-24"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/posts\/6441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/comments?post=6441"}],"version-history":[{"count":1,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/posts\/6441\/revisions"}],"predecessor-version":[{"id":6444,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/posts\/6441\/revisions\/6444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/media\/6442"}],"wp:attachment":[{"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/media?parent=6441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/categories?post=6441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cartaecartiere.com\/en\/wp-json\/wp\/v2\/tags?post=6441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}