Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported net income for the quarter ended March 31, 2019, of $42 million, or $0.45 per diluted share, compared to $10 million, or $0.11 per diluted share, in the same period in 2018.
Graphic Packaging Holding Company (NYSE: GPK), (the "Company"), a leading provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, today reported Net Income for first quarter 2019 of $57.9 million, or $0.19 per share, based upon 298.2 million weighted average diluted shares.
Earnings for the first quarter 2019 improved compared with the preceding quarter as well as the same quarter last year. The improvement in earnings was driven mainly from Paper and Wood. Higher pulp volumes due to the continued ramp up of the expanded pulp mill Östrand also made a positive contribution to earnings.