Hilsheimer noted that adjusted free cash flow in the first quarter was lower than the prior year primarily because the prior-year period included cash flow from businesses that have since been divested. Excluding that factor, he said Greif’s “core cash engine and continuing operations improved year-over-year,” supported by EBITDA growth, lower interest expense after deleveraging, and reduced maintenance capital following the company’s containerboard sale.Chief Financial Officer Larry Hilsheimer said adjuste ...

Greif (NYSE:GEF) Q1 2026 Earnings call January 28, 2026 08:30 AM ET Company ParticipantsBill D’Onofrio - VP of Investor Relations and Corporate DevelopmentGeorge Staphos - Managing DirectorLarry Hilsheimer - CFOMatt Roberts - VPMike Roxland - Managing DirectorOle Rosgaard - CEOConference Call ParticipantsDaniel Harriman - Equity Research AnalystGabe Hajde - Executive Director and Senior Equity AnalystOperatorThank you for standing by. Welcome to the Greif First Quarter 2026 Earnings Call. At this time, all ...

Greif (NYSE:GEF) Q1 2026 Earnings call January 28, 2026 08:30 AM ET Company ParticipantsBill D’Onofrio - VP of Investor Relations and Corporate DevelopmentGeorge Staphos - Managing DirectorLarry Hilsheimer - CFOMatt Roberts - VPMike Roxland - Managing DirectorOle Rosgaard - CEOConference Call ParticipantsDaniel Harriman - Equity Research AnalystGabe Hajde - Executive Director and Senior Equity AnalystOperatorThank you for standing by. Welcome to the Greif First Quarter 2026 earnings call. At this time, all ...

Financial Data and Key Metrics Changes - Adjusted EBITDA increased by 24% year-over-year, with EBITDA margins improving by 260 basis points to 12.3% due to cost optimization efforts [3][8] - Earnings per share rose by 140% year-over-year, driven by higher EBITDA and lower interest expenses, despite an increase in tax expenses [8] - The company reaffirmed its low-end guidance for 2026, targeting $630 million in adjusted EBITDA and $315 million in adjusted free cash flow [10][12] Business Line Data and Key Metrics Changes - In Customized Polymer Solutions, demand was flat overall, with IBC volumes up low singles and large containers down mid-single digits due to industrial softness [5][6] - Durable Metal Solutions faced pressure, particularly from chemical customers, while Sustainable Fiber Solutions saw volume declines due to North American industrial softness [6][7] - Innovative Closure Solutions experienced a high single-digit decline in volumes, but total sales remained flat due to strong price mix [7] Market Data and Key Metrics Changes - The overall industrial economy remains muted, impacting demand across various segments, particularly in fiber and steel [17] - The company noted that while conditions are still soft, there are signs of seasonality that may improve volumes in Q2 [17][18] - The mining sector in Southern Africa is showing significant growth, which may positively impact demand for certain products [25] Company Strategy and Development Direction - The company is focused on its "Build to Last" strategy, emphasizing cost optimization and capital flexibility to create shareholder value [3][4] - There is a commitment to organic growth, with capital being deployed in regions with strong business cases, particularly in Europe and Africa [25][26] - The company is transforming its commercial team to be more proactive in capturing market opportunities [18][49] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the continued muted demand environment but expresses confidence in the company's ability to manage costs and drive growth [13][17] - The company is optimistic about the potential for volume recovery in the latter half of the year, supported by ongoing commercial initiatives [49] - Management highlighted the importance of maintaining a strong balance sheet and low leverage to support future growth [4][12] Other Important Information - The company completed $130 million of its $150 million share repurchase program and announced a new $300 million share repurchase authorization [4][12] - The run rate cost optimization is currently at $65 million, with a commitment to reach $80 million-$90 million by year-end [5][10] Q&A Session Summary Question: Insights on volume performance and inventory management - Management noted that demand conditions remain muted, particularly in fiber and steel, but there are expectations for seasonal improvements in Q2 [17][18] Question: Updates on OCC and CapEx projects - Management confirmed expectations for flat OCC prices and highlighted ongoing capacity additions in various regions, particularly in Europe and Africa [25][26] Question: Volume expectations and implications for EBITDA guidance - Management expressed confidence that volumes will improve as the year progresses, supported by commercial activities and customer wins [49][51] Question: Price cost spread in fiber and polymer margins - Management indicated that the price cost spread will be more favorable in the second half of the year, with polymer margins impacted by product mix [35][36] Question: Share repurchase strategy and potential acquisitions - Management stated that capital deployment will be flexible, focusing primarily on organic growth while remaining open to strategic acquisitions [67][68]

First Quarter 2026 Earnings Conference Call January 28, 2026 1 R0 G113 B206 #0070CD R234 G118 B34 #F07623 Safe Harbor and Presentation Note R51 G63 B72 #333F48 R0 G40 B85 #002855 R116 G255 B11 #74FF6F R201 G244 B255 #C9F4FF Primary Colors: Secondary Colors: R52 G119 B98 #337761 R255 G199 B44 #FFC72C FORWARD-LOOKING STATEMENTS This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. The words "may," "will," "expect," "intend," ...

DELAWARE, Ohio, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal first quarter 2026 results. On June 30, 2025, we entered into a definitive agreement to divest our containerboard business, including our CorrChoice sheet feeder system (the “Containerboard Business”), in an all-cash transaction for $1.8 billion to Packaging Corporation of America. The transaction closed as of August 31, 2025. As a result, th ...

Core Viewpoint - Greif, Inc. will report its 2026 first quarter financial results on January 27, 2026, with a conference call scheduled for January 28, 2026, to discuss the results [1]. Group 1: Financial Reporting - The first quarter financial results will be reported after market close on January 27, 2026 [1]. - A conference call to discuss the financial results will take place on January 28, 2026, at 8:30 a.m. ET [1]. Group 2: Conference Call Details - Conference call slides will be provided alongside the earnings press release, including management's prepared remarks and a Q&A session [2]. - Participants can access the call through an online registration link, with phone lines opening at 8:00 a.m. ET on January 28, 2026 [3]. - A digital replay of the conference call will be available two hours after the call on the company's website [3]. Group 3: Company Overview - Greif, founded in 1877, is a global leader in performance packaging, operating in 40 countries [4]. - The company focuses on delivering innovative and tailored solutions for demanding industries, emphasizing customer service, operational excellence, and sustainability [4].

DELAWARE, Ohio, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company’s 2026 first quarter financial results after the market closes on Tuesday, January 28, 2026. A conference call will be held on Wednesday, January 29, 2026, at 8:30 a.m. ET to discuss the quarter results. Greif will provide conference call slides in combination with the earnings press release. The conference call will inclu ...

DELAWARE, Ohio, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in performance packaging products and services, today announced that it has been named to Newsweek’s America’s Most Responsible Companies 2026 list - for a seventh consecutive year. Greif has been included on the list every year since its inception, underscoring the company’s long-standing commitment to environmental stewardship, social responsibility, and strong corporate governance. This consistency reflects ...

Financial Performance - Net income for the two-month fourth quarter of fiscal 2025 decreased 227.4% to $(43.3) million or $(0.73) per diluted Class A share compared to $34.0 million or $0.58 per diluted Class A share in the same period last year [4]. - Adjusted EBITDA for the two-month fourth quarter increased 7.4% to $98.9 million compared to $92.1 million in the prior year [4]. - For the two months ended September 30, 2025, net sales were $701.3 million, a decrease of 3.6% from $724.9 million in the same period of 2024 [33]. - Gross profit for the eleven months ended September 30, 2025, was $871.5 million, up 6.5% from $817.8 million in 2024 [33]. - Net income attributable to Greif, Inc. for the eleven months ended September 30, 2025, was $840.0 million, compared to $243.8 million in 2024, representing a significant increase [33]. - The company reported a net income from continuing operations of $38.2 million for the eleven months ended September 30, 2025, down from $246.2 million in 2024 [33]. - Net income for the eleven months ended September 30, 2025, was $863.1 million, significantly higher than $269.5 million for the same period in 2024, marking an increase of approximately 220.5% [37]. - Operating profit for the eleven months ended September 30, 2025, was $167.6 million, compared to $313.1 million for the same period in 2024, indicating a significant decrease [48]. - Net income for the eleven months ended September 30, 2025, was $103.7 million, compared to $262.5 million for the same period in 2024 [52]. Debt and Cash Flow - Total debt decreased by $1,538.1 million to $1,202.5 million, resulting in a leverage ratio decrease to 1.63x from 3.48x [5]. - Net cash provided by operating activities decreased by $376.5 million to a use of $244.7 million in the two-month fourth quarter [4]. - Cash and cash equivalents increased to $256.7 million as of September 30, 2025, compared to $197.7 million at the end of October 2024, reflecting a growth of about 29.8% [37]. - Long-term debt decreased to $914.8 million as of September 30, 2025, from $2,626.2 million in October 2024, a reduction of approximately 65% [35]. - Net cash used in operating activities for the two months ended September 30, 2025, was $(244.7) million, compared to $131.8 million for the same period in 2024 [50]. - Free Cash Flow for the eleven months ended September 30, 2025, was $(85.2) million, a decrease from $124.6 million in 2024 [50]. - Total Debt as of September 30, 2025, was $1,202.5 million, significantly reduced from $2,740.6 million on October 31, 2024 [54]. - Net Debt decreased to $945.8 million as of September 30, 2025, from $2,542.9 million on October 31, 2024 [54]. - The Leverage Ratio improved to 1.63x as of September 30, 2025, down from 3.48x on October 31, 2024 [56]. Cost Optimization and Guidance - The anticipated cost optimization commitment was increased to $120 million from $100 million due to accelerated progress in 2025 [8]. - For fiscal 2026, the company provided low-end guidance of $630 million Adjusted EBITDA and $315 million Adjusted Free Cash Flow [8]. - Fiscal 2026 low-end guidance estimates for Adjusted EBITDA is $630 million and Adjusted free cash flow is $315 million [25]. - The company achieved cost optimization run-rate savings of approximately $50 million by the end of fiscal year 2025 [8]. Business Operations and Divestments - The company completed the divestment of its containerboard business for $1.8 billion, impacting financial results as of August 31, 2025 [2]. - The company has not identified any compelling demand inflection on the horizon, continuing to provide only low-end guidance based on current trends [24]. - The company operates in over 35 countries, focusing on performance packaging solutions for demanding industries [27]. Other Financial Metrics - Selling, general and administrative expenses increased to $601.9 million for the eleven months ended September 30, 2025, compared to $535.5 million in 2024, reflecting a rise of 12.3% [33]. - Interest expense, net for the eleven months ended September 30, 2025, was $56.1 million, an increase from $40.7 million in 2024 [33]. - The company incurred restructuring and other charges amounting to $62.6 million for the eleven months ended September 30, 2025, compared to $2.7 million in the same period of 2024 [48]. - Depreciation, depletion, and amortization expense for the eleven months ended September 30, 2025, totaled $212.7 million, up from $207.6 million in the previous year [48]. - The company recorded a gain on disposal of businesses of $1,097.5 million for the two months ended September 30, 2025, compared to a gain of $0.1 million in the same period of 2024 [37]. - The company experienced a non-cash asset impairment charge of $37.9 million for the eleven months ended September 30, 2025, compared to $2.3 million in the same period of 2024 [48]. - Adjusted EBITDA for the eleven months ended September 30, 2025, was $511.3 million, representing an increase from $495.9 million in the same period of 2024 [45]. - The combined Adjusted EBITDA for the two months ended September 30, 2025, was $122.7 million, slightly down from $127.4 million in the same period of 2024 [45]. - Adjusted EBITDA for the trailing twelve months ended September 30, 2025, was $773.5 million, an increase from $704.4 million for the trailing twelve months ended October 31, 2024 [56]. - Adjusted Free Cash Flow for the two months ended September 30, 2025, was $122.6 million, up from $98.6 million in 2024 [50]. - Earnings from discontinued operations per Class A common stock for the eleven months ended September 30, 2025, was $14.20, compared to $0.40 in 2024 [33]. - The Durable Metal Solutions segment reported net sales of $247.3 million for the two months ended September 30, 2025, down from $259.5 million in the same period of 2024, a decrease of approximately 4.5% [41]. - Operating profit for the Customized Polymer Solutions segment was a loss of $1.9 million for the two months ended September 30, 2025, compared to a profit of $9.1 million in the same period of 2024 [41]. - The company will host a conference call on November 6, 2025, to discuss the fourth quarter and fiscal 2025 results [26].