In the Q2, Packaging Corp Of America's corporate clients experienced a deterioration by -22.31 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -21.45 %. During the corresponding time, Packaging Corp Of America recorded a revenue increase by 14.67 % year on year, sequentially revenue grew by 5.11 %. While revenue at the Packaging Corp Of America's corporate clients recorded rose by 9.34 % year on year, sequentially revenue grew by 11.26 %.
Customers of Packaging Corp Of America saw their costs of revenue deteriorate by -22.31 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -21.45 %, for the same period Packaging Corp Of America recorded revenue increase by 14.67 % year on year, sequentially revenue grew by 5.11 %.
Packaging Of America's Comment on Sales, Marketing and Customers
We sell corrugated products to over 17,000 customers in over 34,000 locations.
About three-quarters of our corrugated products sales are to regional and local
accounts, which are broadly diversified across industries and geographic locations.
The remaining one-quarter of our customer base consists primarily of national
accounts that have multiple locations and are served by a number of PCA plants.
No single customer exceeds 10% of segment sales.
Food, beverages, and agricultural products
45 %
Retail and wholesale trade
19 %
Miscellaneous manufacturing
15 %
Paper and other products
11 %
Chemical, plastic, and rubber products
10 %
We have over 200 customers in approximately 500 locations. These customers include
paper merchants, commercial and financial printers, envelope converters, and
customers who use our pressure sensitive paper for specialty applications such
as consumer and commercial product labels. We have established long-term relationships
with many of our customers. Office Depot, Inc. is our largest customer in the
Paper segment.
Packaging Of America’s Comment on Sales, Marketing and Customers
We sell corrugated products to over 17,000 customers in over 34,000 locations.
About three-quarters of our corrugated products sales are to regional and local
accounts, which are broadly diversified across industries and geographic locations.
The remaining one-quarter of our customer base consists primarily of national
accounts that have multiple locations and are served by a number of PCA plants.
No single customer exceeds 10% of segment sales.
Food, beverages, and agricultural products
45 %
Retail and wholesale trade
19 %
Miscellaneous manufacturing
15 %
Paper and other products
11 %
Chemical, plastic, and rubber products
10 %
We have over 200 customers in approximately 500 locations. These customers include
paper merchants, commercial and financial printers, envelope converters, and
customers who use our pressure sensitive paper for specialty applications such
as consumer and commercial product labels. We have established long-term relationships
with many of our customers. Office Depot, Inc. is our largest customer in the
Paper segment.
Sources:
Packaging Corp Of America’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Packaging Corp Of America’s corporate clients.
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