Berry Global Says FX Curbed Sales by $420 Million in Fiscal 2022 — Currency Comment

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Berry Global Says FX Curbed Sales by $420 Million in Fiscal 2022 — Currency Comment

By Paulo Trevisani Berry Global Group Inc. said Tuesday that currency translations had an unfavorable effect of $420 million on fiscal 2022 ne

By Paulo Trevisani

Berry Global Group Inc. said Tuesday that currency translations had an unfavorable effect of $420 million on fiscal 2022 net sales.

The Evansville, Ind. packaging company reported net sales of $14.5 billion in the 12 months through Oct. 1, up from $13.9 billion a year earlier.

The forex effect partially offset the inflation pass-through that drove the annual sales growth, Berry Global said.

Write to Paulo Trevisani at [email protected]

(END) Dow Jones Newswires

11-15-22 0957ET

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