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Sonoco Details 2016 Financial Targets, Strategic Priorities

2015-12-04 20:44:55| Paper - Topix.net

HARTSVILLE, S.C., Dec. 04, 2015 -- In a release issued under the same headline today by Sonoco , please note that in the first paragraph under " Strong Cash Flow, Free Cash Flow Forecasted ," the ratio of 1.6 times should be EBITDA ratio, not total capitalization ratio as previously stated. The corrected release follows: Sonoco President and Chief Executive Officer Jack Sanders and members of the Company's senior leadership team today provided the investment community in New York with an overview of the Company's financial outlook and strategic priorities.

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