Sonoco Products Co. reported third quarter net sales of $2.13 billion, a 57% increase compared to $1.36 billion in the same period last year. Segment operating profit rose to $209 million from $96 million, up 117%. Net income attributable to Sonoco reached $123 million, up from $51 million, a 141% increase. Adjusted net income attributable to Sonoco was $191.2 million, representing a 29.3% year-over-year rise. Adjusted EBITDA for the quarter was $386 million, up 37.3% from the prior-year quarter. Operating cash flow for the third quarter totaled $292 million, an increase of 80% over the prior year period.
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