[Nick Hargrave]

https://ir.westrock.com/press-releases/press-release-details/2023/WestRock-Reports-Fiscal-2023-Third-Quarter-Results-Strong-Results-in-a-Dynamic-Environment/default.aspx

Good set of results released today with cost savings ahead of expectations (now expecting to exit the year with run rate savings of >$450m) which isn’t too surprising as we have been able to see the company closing down certain operations where profitability doesn’t warrant continued investment. Global paper continues to be the drag as expected with other divisions showing much more resilience given the the more critical nature of their products. Cash generation continues to be strong and the financials are broadly in line with our FY expectations

• This topic was modified 8 months, 3 weeks ago by Nick Hargrave.

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