US majors mostly upbeat on box demand, report record EBITDA margins

摘要

Major North American integrated producers were mostly upbeat on future box demand and reported high EBITDA margins despite a lack of "tailwinds" in their recent conference calls with analysts. The two industry leaders International Paper (IP) and RockTenn also indicated they were growing more in line with overall industry box shipments, ending market share losses since their major acquisitions of Temple-Inland and Smurfit-Stone Container, respectively, in 2011-2012.