Graphic Packaging Holding Company (NYSE:GPK) Q2 2022 Earnings Conference Call July 26, 2022 10:00 AM ET
Company Participants
Melanie Skijus - VP-IR
Mike Doss - President and CEO
Steve Scherger - EVP and CFO
Conference Call Participants
Mark Wilde - Bank of Montreal
George Staphos - Bank of America
Mark Weintraub - Seaport Research Partners
Ghansham Panjabi - Baird
Cleve Rueckert - UBS
Kyle White - Deutsche Bank
Gabe Hajde - Wells Fargo
Adam Samuelson - Goldman Sachs
Mike Roxland - Truist
Arun Viswanathan - RBC Capital Markets
Operator
Hello, and welcome to the Graphic Packaging Second Quarter 2022 Earnings Call. My name is Katie, and I'll be coordinating your call today. [Operator Instructions]
I'll now hand over to your host, Melanie Skijus, Vice President of Investor Relations, to begin. Melanie, please go ahead.
Melanie Skijus
Good morning, and welcome to Graphic Packaging Holding Company's second quarter 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 second 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 turn the call over to Mike.
Mike Doss
Thank you, Melanie. Good morning to everyone joining us on the call and this webcast this morning.
The second quarter of 2022 was a very strong quarter overall. We demonstrated clear progress on our Vision 2025 goals. During the quarter, we advanced our strategic objectives, building upon our 3-year track record of sustained net organic sales growth and delivered margin expansion.
Financial results benefited significantly from a positive price to commodity input cost relationship, strong contributions from recent acquisitions, earnings on our organic growth and positive net productivity. Given strong overall performance and execution, we are upwardly revising our full year 2022 adjusted EBITDA guidance range today.