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Pregis Announces First Quarter 2009 Financial Results
Date:5/12/2009

13,544 11,963 Stockholder's equity: Common stock - $0.01 par value; 1,000 shares authorized, 149.0035 shares issued and outstanding at March 31, 2009 and December 31, 2008 - - Additional paid-in capital 151,043 150,610 Accumulated deficit (74,726) (64,318) Accumulated other comprehensive income 1,325 3,809 ----- ----- Total stockholder's equity 77,642 90,101 ------ ------ Total liabilities and stockholder's equity $693,195 $736,376 -------- -------- Pregis Holding II Corporation Consolidated Statements of Operations Unaudited (dollars in thousands) Three Months Ended March 31, ------------------------------ 2009 2008 ---- ---- Net sales $185,544 $259,322 Operating costs and expenses: Cost of sales, excluding depreciation and amortization 141,007 202,494 Selling, general and administrative 27,996 34,739 Depreciation and amortization 11,471 13,540 Other operating expense, net 6,601 271 ----- --- Total operating costs and expenses 187,075
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