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Berry Global Group , Inc. Reports Strong Second Quarter 2021 Results ; Raising Fiscal Year 2021 Earnings Guidance to businesswire.com/news/home/20210504005411/en/ May 4 , 2021 EVANSVILLE , Ind .-- ( BUSINESS WIRE ) -- Berry Global Group , Inc. ( NYSE : BERY ) , a leading supplier of sustainable packaging solutions for consumer goods and industrial products , today reported its second fiscal quarter 2021 results , referred to in the following as the March 2021 quarter . Second Quarter Highlights ( all comparisons made to the March 2020 quarter ) • Net sales of $ 3.4 billion , a 13 percent increase • 5 percent organic volume growth • • Operating income up 17 percent to $ 333 million Operating EBITDA up 9 percent to $ 590 million • Net income per diluted share up 40 percent to $ 1.32 • . Adjusted net income per diluted share increase of 34 percent to $ 1.59 Raising fiscal 2021 operating EBITDA guidance from prior mid - point by $ 50 million to $ 2.25 billion Increasing fiscal 2021 organic volume growth assumption from 4 percent to now 5 percent Berry's Chairman and CEO Tom Salmon said , “ The Company's performance in our second fiscal quarter was solid as adjusted earnings per share and revenue grew by 34 percent and 13 percent , respectively , from prior year results . Consumer demand for our products remains robust and certain markets , which previously experienced COVID - 19 headwinds , are rebounding nicely . All segments delivered volume growth , collectively finishing the quarter with 5 percent organic volume growth , while operating EBITDA increased 9 percent in the quarter . " The organically driven outperformance in this second fiscal quarter gives us confidence to raise our fiscal year 2021 outlook for operating EBITDA by $ 50 million from the mid - point of our previous range . Our businesses , across the globe , are clearly capitalizing on our strategy to drive profitable and sustainable organic volume growth . The continued positive momentum from our investments in areas such as health and wellness , e - commerce , and food safety along with the focus on growing our emerging market exposure and driving more sustainable packaging , provide us the path to realize long - term consistent volume growth . " We have a clear line - of - site to being within our leverage range by the end of fiscal 2021. As we stated last quarter , once within our targeted leverage range of 3.0 to 3.9 times , we believe our consistent and growing cash flow will provide substantial capacity to create 1/15