KapStone Reports Second Quarter 2008 Results (PR Newswire)
                   
yahoo.com     Aug 4, 2008            

NORTHBROOK, Ill., Aug. 4 /PRNewswire-FirstCall/ -- KapStone Paper and Packaging Corporation (Nasdaq: KPPC - News ) today reported results for the second quarter ended June 30, 2008. -- Second Quarter Basic and Diluted EPS of $0.32 and $0.22, Respectively -- YTD Cash Flows from Operations of $21 Million -- Acquisition of Charleston Kraft Division of MeadWestvaco Corporation Completed Three Months Ended Six Months Ended June 30, June 30, $ 000's 2008 2007 2008 2007 Net Sales $68,162 $60,242 $135,291 $125,669 Net Income $ 8,251 $ 3,449 $ 15,481 $10,527 Basic Earnings per Share $0.32 $0.14 $0.61 $0.42 Diluted Earnings per Share $0.22 $0.09 $0.43 $0.30 EBITDA $16,061 $ 9,050 $ 30,299 $23,096 Second Quarter Operating Highlights Net sales of $68.2 million in the second quarter of 2008 increased by 13.1% compared to 2007. Net income... [read full story]                    


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