Sonoco, a global packaging company, has posted a generally accepted accounting principles (GAAP) net income of $54.4m for the first quarter (Q1) ending 30 March 2025, a 16.5% dip from the $65.2m recorded in Q1 2024. The post Sonoco reports 16.5% dip in GAAP net income in Q1 2025 appeared first on Packaging Gateway.
Sonoco is a South Carolina-based company that manufactures and distributes products such as composite cans and tubes for industries including packaging and supply chain.