Graphic Packaging Holding Company (NYSE:GPK) Q4 2022 Earnings Conference Call February 7, 2023 10:00 AM ET
Company Participants
Melanie Skijus - Vice President of Investor Relations
Michael Doss - President and Chief Executive Officer
Stephen Scherger - Executive Vice President and Chief Financial Officer
Conference Call Participants
Ghansham Panjabi - Robert W. Baird & Co.
Mark Weintraub - Seaport Research Partners
George Staphos - Bank of America Merrill Lynch
Kyle White - Deutsche Bank AG
Adam Samuelson - Goldman Sachs Group, Inc.
Gabrial Hajde - Wells Fargo Securities, LLC
Kieran de Brun - Mizuho Securities
Michael Roxland - Truist Securities, Inc.
Cleveland Rueckert - UBS
Operator
Hello, and welcome to the Graphic Packaging Q4 and Full-Year 2022 Earnings Call and Webcast. My name is Elliot, and I'll be coordinating your call today. [Operator Instructions]
I would now like to hand over to Melanie Skijus, Vice President of Investor Relations. The floor is yours. Please go ahead.
Melanie Skijus
Good morning, and welcome to Graphic Packaging Holding Company's fourth quarter and full-year 2022 earnings call. Joining us on our call today are Mike Doss, the company's President and CEO; and Steve Scherger, Executive Vice President and CFO. To help you follow along with today's call, we will be referencing our fourth quarter earnings presentation, which can be accessed through the webcast and also on the Investors section of our website at www.graphicpkg.com.
Before I turn the call over to Mike, let me remind you that today's press release and the presentations made by our executives include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include but are not limited to the factors identified in the release and in our filings with the Securities and Exchange Commission.
With that, let me now turn the call over to Mike.
Michael Doss
Thank you, Melanie. Good morning. Thank you for joining us on the call today. 2022 was an outstanding year of Graphic Packaging. We significantly grew our business and continued executing strategic initiatives focused on extending our leadership in fiber-based consumer packaging. Our focus on consumer packaging is driving profitable growth and delivering returns for shareholders in line with our Vision 2025 goals.
Turning to Slide 4, let me walk you through the year's accomplishments and a brief look into 2023 before sharing the details of the exciting new strategic capital investment we are announcing this morning. Our financial results in both quarter and the full-year were excellent, characterized by strong growth and margin expansion. Sales for the full-year increased 32% to $9.4 billion, driven by $1.1 billion positive pricing, 3% organic sales growth and acquisitions.