Earnings update: Pregis…

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May 12, 2008 - At Pregis Corp., Deerfield, IL, higher sales in protective packaging, flexible packaging, hospital supplies segments, favorable currency translation, contribution by acquisitions made in 2007 help propel net sales up 8.5% to $259.3 million in 1Q08 from $239.0 million in 1Q07, but are not enough to overcome raw materials costs, weaker economical environment, which result in net loss of $3.3 million for quarter versus net income of $2.2 million in 1Q07…
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