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Last €40.79 EUR
Change Today -0.68 / -1.64%
Volume 0.0
SNS On Other Exchanges
Symbol
Exchange
Berlin
As of 1:55 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

sonoco products co (SNS) Snapshot

Open
€41.11
Previous Close
€41.47
Day High
€41.39
Day Low
€40.66
52 Week High
04/14/15 - €43.73
52 Week Low
10/15/14 - €28.74
Market Cap
4.1B
Average Volume 10 Days
0.3
EPS TTM
--
Shares Outstanding
100.8M
EX-Date
05/13/15
P/E TM
--
Dividend
€1.40
Dividend Yield
2.47%
Current Stock Chart for SONOCO PRODUCTS CO (SNS)

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sonoco products co (SNS) Details

Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment offers round composite cans; shaped rigid paperboard containers; fiber caulk/adhesive tubes; aluminum, steel, and peel able membrane easy-open closures for composite and metal cans; plastic bottles, jars, jugs, cups, and trays; and printed flexible packaging, rotogravure cylinder engraving, and global brand management services. The Paper and Industrial Converted Products segment provides recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, linerboard, corrugating medium, and specialty grades; and paperboard tubes and cores, molded plugs, and reels. This segment is also involved in the collection, processing, and recycling of old corrugated containers, paper, plastics, metal, glass, and other recyclable materials. The Display and Packaging segment offers point-of-purchase displays; custom packaging products; fulfillment services; primary package filling; supply chain management; paperboard specialties; and retail packaging products, including printed backer cards, thermoformed blisters, and heat sealing equipment. The Protective Solutions segment provides custom-engineered, paperboard-based, and expanded foam protective packaging and components; and temperature-assured packaging products. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.

20,800 Employees
Last Reported Date: 04/16/15
Founded in 1899

sonoco products co (SNS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $915.5K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $498.2K
Senior Vice President of Global Industrial Pr...
Total Annual Compensation: $531.5K
Senior Vice President of Global Consumer Pack...
Total Annual Compensation: $530.8K
Vice President of Global Rigid Paper & Closur...
Total Annual Compensation: $443.3K
Compensation as of Fiscal Year 2014.

sonoco products co (SNS) Key Developments

Sonoco Products Company Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2015; Provides Earnings Guidance for the Second Quarter of 2015; Reiterates Earnings Guidance Fiscal Year 2015; Reports Asset Impairment Charges for the First Quarter Ended March 29, 2015

Sonoco Products Company announced unaudited consolidated earnings results for the first quarter ended March 29, 2015. For the quarter, the company reported net sales of $1,203,264,000 against $1,185,626,000 a year ago. Income before interest and income taxes was $127,141,000 against $86,561,000 a year ago. Income before income taxes and equity in earnings of affiliates was $113,920,000 against $73,918,000 a year ago. Income before equity in earnings of affiliates was $86,782,000 against $50,749,000 a year ago. Net income attributable to the company was $87,920,000 or $0.86 per diluted share against $52,302,000 or $0.50 per diluted share a year ago. Net cash provided by operating activities was $57,489,000 against $45,464,000 a year ago. Purchase of property, plant and equipment, net was $39,354,000 against $35,418,000 a year ago. Non-GAAP Income before interest and income taxes was $95,405,000 against $88,577,000 a year ago. Non-GAAP income before income taxes was $82,184,000 against $75,934,000 a year ago. Non-GAAP income before equity in earnings of affiliates was $55,967,000 against $52,345,000 a year ago. Non-GAAP net income attributable to the company was $57,090,000 or $0.56 per diluted share against $53,894,000 or $0.52 per diluted share a year ago. The $0.30 per share gain was related to Fox River-related environmental claims/litigation together with a gain on the sale of two metal ends and closures plants, partially offset by costs related to acquisition and restructuring activities. Free cash flow for the first quarter was $15 million, compared with a negative $22 million in 2014. Both operating cash flow and free cash flow improved modestly this quarter due primarily to higher GAAP net income, excluding the net non-cash benefit of the reversal of Fox River environmental reserves, together with reduced domestic pension contributions and less significant increases in working capital during the quarter. For the first quarter, the company reported asset impairment charges of $275,000 against $492,000 a year ago. For the second quarter of 2015, the company expects second quarter 2015 base earnings to be in the range of $0.64 to $0.69 per diluted share. The company's second quarter 2014 base earnings were $0.63 per diluted share. Annual 2015, the company reiterated base earnings per diluted share to be in the range of $2.60 to $2.70. The company's 2015 guidance anticipates a 32% effective tax rate for the year. Free cash flow is expected to be approximately $140 million in 2015, compared to $120 million in 2014, and is $10 million lower than previous guidance due to the company's recently announced 9.4% increase in the per-share dividend which is expected to be paid to shareholders in 2015.

Sonoco Announces Quarterly Common Stock Dividend, Payable on June 10, 2015

The board of directors of Sonoco declared a $0.35 per share quarterly common stock dividend, a 9.4% increase from the previous quarterly dividend of $0.32 per share. The dividend will be paid on June 10, 2015, to shareholders of record as of May 16, 2014.

Sonoco Products to Invest $51.9 Million on Growth Projects for Consumer Packaging Division

Sonoco Products Company will invest approximately $51.9 million on several significant growth projects to increase its production capabilities and to support R&D innovation for its consumer packaging business. The projects include a $20 million spend to purchase equipment for the company's Franklin, Ohio plant and Waco, Texas plant; a $20 million investment to build a new composite can facility in Kuala Lumpur, Malaysia; and an $11.9 million investment to build a new research and development studio in Hartsville, South Carolina for the company's Innovative Packaging Solutions business.

 

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Industry Analysis

SNS

Industry Average

Valuation SNS Industry Range
Price/Earnings 16.6x
Price/Sales 0.9x
Price/Book 3.0x
Price/Cash Flow 16.3x
TEV/Sales 0.6x
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