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MWV Focuses on Global Packaging End Markets

The company alters financial results reporting for its packaging businesses.

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By: Jamie Matusow

Editor-in-Chief

MeadWestvaco Corporation, a global leader in packaging and packaging solutions, has announced a restructuring of its financial reporting for its packaging businesses. Beginning with the quarter ended March 31, 2012 (results scheduled to be released Wednesday, April 25), the company will report the financial results for its packaging businesses via three new market-focused segments:

  • Food & Beverage
  • Home, Health & Beauty; and
  • Industrial.

According to the company, the new reporting structure reflects MWV’s focus on global packaging end markets, and is consistent with how the company now manages and evaluates financial performance of its packaging businesses. The new segments directly align with the profitable growth strategies MWV executes across global markets for beverage, food, tobacco, home and garden, beauty and personal care, healthcare, and industrial packaging.

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