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July 27 , 2021 Graphic Packaging HOLDING COMPANY Graphic Packaging Holding Company Reports Second Quarter 2021 Results : 5 % Net Organic Sales Growth Driven by Strong Demand for Fiber - Based Consumer Packaging Solutions ATLANTA , July 27 , 2021 / PRNewswire / -- Graphic Packaging INTERNATIONAL Q2 2021 Highlights • Net Sales were $ 1,737 million versus $ 1,611 million in the prior year quarter . • Net Organic Sales increased 5 % in the quarter driven by demand for sustainability- supported , innovative consumer packaging solutions . • Net Income was $ 38 million versus $ 52 million in the prior year quarter . • Earnings per Diluted Share were $ 0.13 versus $ 0.19 in the prior year quarter . • • Adjusted Earnings per Diluted Share were $ 0.26 versus $ 0.26 in the prior year quarter . Adjusted EBITDA was $ 248 million versus $ 260 million in the prior year quarter ; positively impacted by $ 15 million of volume / mix related to net organic sales growth and $ 36 million in favorable net performance , offset by $ 67 million of commodity input cost inflation . • Executing $ 400 million in pricing actions to address commodity input cost inflation . • Announced the acquisition of AR Packaging in Europe for approximately $ 1.45 billion in cash ; on track to close by year end , creating premier , global provider of sustainable fiber - based consumer packaging solutions . • Exchanged International Paper's remaining partnership units for shares ; completion of transaction returns ownership of partnership interest back to 100 % . • Global liquidity was $ 1.9 billion at quarter end . • Completed acquisition of Americraft Carton , Inc. on July 1st . • Raised approximately $ 530 million in secured bank debt in July to support announced acquisitions . Graphic Packaging Holding Company ( NYSE : GPK ) , ( the " Company " ) , a leading provider of sustainable fiber - based consumer packaging solutions to food , beverage , foodservice , and