PTVE Pactiv Evergreen

Pactiv Evergreen Inc. Declares Quarterly Dividend

Pactiv Evergreen Inc. Declares Quarterly Dividend

LAKE FOREST, Ill., May 02, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on June 14, 2024 to shareholders of record at the close of business on May 31, 2024.

About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today’s consumers. Its products, many of which are made with recycled, recyclable or renewable materials, are sold to a diversified mix of customers, including restaurants, foodservice distributors, retailers, food and beverage producers, packers and processors. Learn more at .

Contact:

Curt Worthington

847.482.2040



EN
02/05/2024

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Pactiv Evergreen Reports First Quarter 2024 Financial Results

Pactiv Evergreen Reports First Quarter 2024 Financial Results Solid operating performance despite macro challenges; Reiterating 2024 guidance First Quarter 2024 Financial Highlights: Net Revenues of $1,252 million for the first quarter of 2024 were down 13% compared to $1,431 million in the first quarter of 2023 and down 2% compared to $1,274 million in the fourth quarter of 2023.Net Income of $10 million for the first quarter of 2024 compared to a net loss of $133 million in the first quarter of 2023 and net income of $22 million in the fourth quarter of 2023.Adjusted EBITDA1 of $168 mi...

May 2, 2024 1 EN
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Pactiv Evergreen Inc. Declares Quarterly Dividend

Pactiv Evergreen Inc. Declares Quarterly Dividend LAKE FOREST, Ill., May 02, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on June 14, 2024 to shareholders of record at the close of business on May 31, 2024. About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Compan...

May 2, 2024 1 EN
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Pactiv Evergreen Inc. Schedules First Quarter 2024 Financial Results

Pactiv Evergreen Inc. Schedules First Quarter 2024 Financial Results LAKE FOREST, Ill., April 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its first quarter 2024 earnings release and teleconference call.  Earnings Release:Thursday, May 2, 2024, after market close  Webcast and Teleconference:Friday, May 3, 2024, at 8:30 a.m. EDT  Pactiv Evergreen Participants:Michael King, President and Chief Executive Officer   Jon Baksht, Chief Financial Officer   Curt Worthington, VP, Strategy & Investor Relations      Participants may access...

April 18, 2024 1 EN
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Pactiv Evergreen Inc. Declares Quarterly Dividend

Pactiv Evergreen Inc. Declares Quarterly Dividend LAKE FOREST, Ill., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on March 29, 2024 to shareholders of record at the close of business on March 15, 2024. About Pactiv Evergreen Inc. Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Co...

February 29, 2024 1 EN
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Pactiv Evergreen Reports Fourth Quarter 2023 Financial Results

Pactiv Evergreen Reports Fourth Quarter 2023 Financial Results Delivered solid financial performance and exceeded guidance Fourth Quarter 2023 Financial Highlights: Total Net Revenues of $1,274 million for the fourth quarter of 2023 were down 14% compared to $1,476 million in the fourth quarter of 2022 and down 8% compared to $1,379 million in the third quarter of 2023.Net Income from continuing operations of $22 million for the fourth quarter of 2023 compared to $27 million in the fourth quarter of 2022 and $28 million in the third quarter of 2023.Adjusted EBITDA1 of $207 million for th...

February 29, 2024 1 EN

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