Berry Global’s FY2018/19 sales up 13% y/y to USD8.9 billion

News
Circular Economy & Remanufacturing

Net income drops 18.5% y/y to USD404 million

Berry Global has reported 13% year-over-year (y/y) increase in net sales to USD8.9 billion in the financial year ended 28 September 2019, the company said in a press release on 21 November. Operating income surged 28% y/y to USD974 million. Operating EBITDA, at USD1.5 billion was up 11% y/y. The company concluded the financial year with net income of USD404 million, down 18.5% y/y.

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