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Stock impact report

Pactiv Evergreen: Heavy Restructuring Set To Drive Margin Growth [Seeking Alpha]

Pactiv Evergreen Inc. - Common stock (PTVE) 
Company Research Source: Seeking Alpha
The firm has announced a new restructuring plan, illustrating its commitment to restructuring efforts that are expected to further enhance efficiencies and generate cost savings. Additionally, it has been actively cutting down on its debt, reducing its net leverage ratio from 7.63x to 4.07x. It has targeted to achieve a low 3s in 2024. Synopsis Pactiv Evergreen ( NASDAQ: PTVE ) is a major player in the packaging industry, providing essential packaging solutions across multiple sectors. Over the past few years, PTVE has been reporting decent revenue growth year-over-year up until the beginning of Recommended For You Recommended For You About PTVE Stock More on PTVE Related Stocks Trending Analysis Trending News Show less Read more
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