Sonoco's 2016 Annual Report to Shareholders is now available on the company's website at www.sonoco.com.
"Better Packaging. Better Life" reports on the company's 2016 financial endeavors.
“By most measures, 2016 was a solid year for Sonoco, despite flat to negative growth by many of our consumer product customers and generally muted economic growth around the world,” President and CEO Jack Sanders wrote in his letter to shareholders. “Overall, we achieved record GAAP and base earnings, and gross profit margin expanded to the highest level in 15 years."