Packaging Corporation of America (NYSE: PKG), Lake Forest, IL, reported second quarter sales of $1.5 billion, down 1 percent compared to the previous year. Profit increased 14.5 percent to $114 million.
For the first six months of the year, sales were $2.9 billion, down 0.7 percent over the prior-year period. Profit increased 8 percent to $204.8 million.
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