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For the first six months, sales were $2.15 billion, up 7 percent from the same period a year ago. Profit improved 8 percent to $128.1 million.
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Protective Packaging segment sales increased 12% on a constant dollar basis from higher volumes, led by increased demand in North America and Europe. Operating profit increased 39% to $45 million, or 14.1% of net sales.
Sales in the Food Packaging segment decreased 2% on a constant dollar basis, with approximately 3% lower price/mix due to the timing of North American contract price adjustments for resin. Volumes were higher by 2%, led by increased demand in Latin America and Europe.
Food Solutions segment sales increased 1% on a constant dollar basis from higher volumes as demand increased in all regions.
Sales in the Other category increased 5% on a constant dollar basis from higher volumes, led by a 15% volume increase in the Specialty Materials business.