Graphic Packaging slashes forecast as optimization plans unfold, shares fall (GPK:NYSE)

Core Insights - Graphic Packaging Holding Company (GPK) announced a restructuring of its support functions and production optimization initiatives, which are aimed at improving operational efficiency [2] - The company has revised its full-year core earnings and profit outlook downward due to ongoing production curtailments [2] - Adjusted EBITDA expectations have been lowered, reflecting the impact of these production challenges [2]