Graphic Packaging Holding Company (NYSE:GPK) Q1 2022 Results Conference Call April 26, 2022 10:00 AM ET

Company Participants

Melanie Skijus - Vice President-Investor Relations

Mike Doss - Chief Executive Officer

Steve Scherger - Executive Vice President and Chief Financial Officer

Conference Call Participants

Ghansham Panjabi - Baird

George Staphos - Bank of America

Mark Wilde - Bank of Montreal

Mark Weintraub - Seaport Research Partners

Cleve Rueckert - UBS

Adam Samuelson - Goldman Sachs

Anthony Pettinari - Citigroup

Arun Viswanathan - RBC Capital Markets

Gabe Hajde - Wells Fargo

Kieran De Brun - Mizuho

Operator

Hello, and welcome to today's Graphic Packaging First Quarter 2022 Earnings Call. My name is Daly, and I will be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity to questions and answers at the end. [Operator Instructions]

I would now like to pass the conference over to Melanie Skijus, Vice President of Investor Relations. Melanie, please go ahead.

Melanie Skijus

Good morning, and welcome to Graphic Packaging Holding Company's conference call to discuss our first quarter 2022 results. Speaking on the call will be 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 first quarter presentation, which can be accessed to the webcast via self-directed slides and also in the Investors section of our website at www.graphicpkg.com.

I would like to remind everyone that statements of our expectations, plans, estimates and beliefs regarding future performance and events constitute forward-looking statements. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. Information regarding these risks and uncertainties is contained in the Company's periodic filings with the Securities and Exchange Commission. Undue reliance should not be placed on forward-looking statements as such statements speak only as of the date on which they are made. And the Company undertakes no obligation to update such statements except as required by law.

Mike, I'll turn it over to you.

Mike Doss

Thank you, Melanie. Good morning to everyone joining us on the call and this webcast this morning.

We're off to a great start in 2022, and I'm pleased to share with you a very strong first quarter. We're operating well and doing what we said we do including delivering another quarter of net organic sales growth, pivoting to a positive price to commodity input cost relationship, driving margins higher and executing a very significant step-up in adjusted EBITDA. We'll spend some time on today's call discussing these positive results and operating model we've put in place to drive continued profitable growth and returns to our stakeholders.