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BEMIS EARNINGS PER SHARE INCREASE 20 PERCENT

 BEMIS EARNINGS PER SHARE INCREASE 20 PERCENT
 MINNEAPOLIS, July 20 /PRNewswire/ -- Bemis Company (NYSE: BMS) today


reported second quarter earnings per share of 30 cents, up 20 percent from the second quarter a year ago. Income for the second quarter was $15.5 million or 30 cents per share, compared to $13.2 million or 25 cents per share in 1991. Sales for the quarter were $297.5 million compared to $286.9 million a year earlier.
 For the six months Bemis earnings per share increased 24 percent over the previous year. Net income was $26.2 million or 51 cents per share, compared to $21.3 million or 41 cents per share in 1991. Net sales for the six-month period were $587.0 million compared to $566.2 million in 1991.
 President and Chief Executive Officer John Roe said, "While business conditions have shown only modest improvement recently, the company's key growth businesses performed well in the second quarter. Significant new capacity is coming on stream this year, and we are continuing our strong capital program to build for the future."
 Bemis Company is a major supplier of flexible packaging and specialty coated graphics products. Bemis common stock is traded on the New York Stock Exchange.
 BEMIS COMPANY
 Financial Results
 (In thousands, except per share data)
 (Unaudited)
 Three Months Ended Six Months Ended
 6/30/92 6/30/91 6/30/92 6/30/91
 Net sales $297,461 $286,898 $587,012 $566,213
 Net income $15,495 $13,166 $26,238 $21,339
 Earnings per share $.30 $.25 $.51 $.41
 Average common shares and
 common stock equivalents
 outstanding (for
 computation of earnings
 per share) 51,844,000 51,548,000 51,791,000 51,497,000
 -0- 7/20/92
 /CONTACT: Lisa D. Locken, 612-376-3030, or Benjamin R. Field, 612-376-3003, both of Bemis/
 (BMS) CO: Bemis Company ST: Minnesota IN: SU: ERN


AL -- MN003 -- 0679 07/20/92 11:04 EDT
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Publication:PR Newswire
Date:Jul 20, 1992
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