ATLANTA, June 5, 2025 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging"), a global leader in sustainable consumer packaging, today announced that Stephen R. Scherger, Executive Vice President and Chief Financial Officer, will present at the Wells Fargo Industrials and Materials Conference on Wednesday, June 11th at 3:15pm ET.The presentation will be available live and in replay via webcast. The archived webcast can be accessed from the Graphic Packaging website at https://in ...

Mr. Maselli has held a range of leadership positions at Catalent over the past fourteen years, progressing from director of operations at a health and personal care plant in Italy, through general manager of operations in the U.K., vice president of operations for drug delivery solutions in Europe, senior vice president of global operations, and president and chief operating officer, before his appointment as president and CEO in 2022. He previously held leadership roles at Alstrom SA, SGS SA, and ABB Group ...

Financial Performance - Net Sales for Q1 2025 decreased by $139 million or 6% to $2,120 million from $2,259 million in Q1 2024, primarily due to the Augusta divestiture and reduced paperboard volumes and pricing [122]. - Income from Operations for Q1 2025 decreased by $57 million or 21% to $221 million from $278 million in Q1 2024, attributed to the Augusta divestiture, pricing declines, and commodity inflation [123]. - The Americas Paperboard Packaging segment reported net sales of $1,476 million in Q1 2025, down from $1,531 million in Q1 2024 [132]. - The International Paperboard Packaging segment's net sales decreased slightly to $523 million in Q1 2025 from $525 million in Q1 2024 [132]. - Net sales for the three months ended March 31, 2025, were $1,636 million, with a net income of $106 million [144]. Cash Flow and Liquidity - Net Cash used in Operating Activities for Q1 2025 totaled $174 million compared to $3 million provided in Q1 2024, mainly due to lower income from operations and higher working capital needs [139]. - Net cash provided by financing activities for Q1 2025 was $439 million, up from $287 million in Q1 2024 [141]. - The Company expects its primary sources of liquidity to be cash flows from sales and operating activities, along with availability from revolving credit facilities [145]. - The Company expects ongoing cash requirements to be funded for at least the next twelve months through its current liquidity sources [145]. - The Company sold receivables of $262 million and $250 million under supply chain financing arrangements for Q1 2025 and Q1 2024, respectively [149]. Capital Expenditures and Investments - Capital spending for Q1 2025 was $313 million, driven by the construction of a new recycled paperboard manufacturing facility in Waco, Texas [140]. - The Company completed the sale of its Augusta, Georgia bleached paperboard manufacturing facility for a total consideration of $711 million on May 1, 2024 [120]. - The Company plans to close the Middletown, Ohio, recycled paperboard manufacturing facility by June 1, 2025 [120]. Debt and Financial Ratios - Interest Expense, Net decreased to $51 million in Q1 2025 from $59 million in Q1 2024, due to an increase in capitalized interest [124]. - The Company maintained a maximum Consolidated Total Leverage Ratio of 3.30 to 1.00 as of March 31, 2025, below the required limit of 4.25 to 1.00 [152]. - The Company was in compliance with a minimum Consolidated Interest Expense Ratio of 7.20 to 1.00, exceeding the required minimum of 3.00 to 1.00 [153]. Goodwill and Asset Valuation - Goodwill for the Europe reporting unit was $492 million as of March 31, 2025, with a fair value exceeding its carrying value by 24% [158]. Innovation and Growth - Innovation sales growth was $44 million in Q1 2025, driven by sustainable consumer packaging solutions [122]. Interest Rate Management - The Company has no active interest rate swap agreements as of March 31, 2025, despite previous use to manage interest rate exposure [162].

Graphic Packaging Company (GPK) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Company Participants Mark Connelly - Senior Vice President of Investor Strategy & DevelopmentMichael Doss - President & CEOStephen Scherger - Executive VP & CFOMichael Roxland - MD - Equity ResearchGeorge Staphos - Managing Director Conference Call Participants Ghansham Panjabi - Senior Research AnalystArun Viswanathan - Senior Equity AnalystMatthew Roberts - Equity Research AnalystMark Weintraub - Senior Analyst and Head of Busi ...

Graphic Packaging Company (GPK) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Speaker0 Day, everyone, and welcome to the Graphic Packaging First Quarter twenty twenty five Earnings Call. At this time, all participants have been placed on a listen only mode, and we will open the floor for your questions and comments after the presentation. It is now my pleasure to turn the floor over to your host, Mark Connolly, Senior Vice President, Investor Strategy and Development. Sir, the floor is yours. Speaker1 Good ...

Graphic Packaging (GPK) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.93%. A quarter ago, it was expected that this packaging company would post earnings of $0.63 per share when it actually produced earnings of $0.59, delivering a surprise of -6.35%.Over the last four quarters, t ...

Graphic Packaging Holding Company Reports First Quarter 2025 Financial Results Highlights ATLANTA, May 1, 2025 - Graphic Packaging Holding Company (NYSE: GPK) ("Graphic Packaging" or the "Company"), a global leader in sustainable consumer packaging, today reported first quarter 2025 results. Net Income in first quarter 2025 was $127 million, or $0.42 per diluted share, versus $165 million, or $0.53 per diluted share in first quarter 2024. First quarter 2025 and 2024 Net Income was impacted by special items ...

May 1, 2025 © 2025 Graphic Packaging Holding Company Forward-Looking Statements CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Any statements of the Company's expectations in these slides, including, but not limited to, statements regarding the timing of the completion and startup of the Waco, Texas facility, the timing of the closure of the Middletown, Ohio recycled paperboard manufacturing facility, Innovation Sales Growth in 2025, inflation, decreases in consumer spending and growth in mass re ...

Core Viewpoint - Graphic Packaging Holding Company reported a decline in net income and sales for the first quarter of 2025, attributing the results to a challenging economic environment and increased input costs [2][3][5]. Financial Performance - Net income for Q1 2025 was $127 million, or $0.42 per diluted share, down from $165 million, or $0.53 per diluted share in Q1 2024 [2][24]. - Adjusted net income for Q1 2025 was $154 million, or $0.51 per diluted share, compared to $203 million, or $0.66 per diluted share in Q1 2024 [2][26]. - Net sales decreased by 6% to $2,120 million in Q1 2025 from $2,259 million in Q1 2024, influenced by divestitures and unfavorable foreign exchange impacts [5][16]. Operational Insights - EBITDA for Q1 2025 decreased by 17% to $353 million, with adjusted EBITDA at $365 million, down from $443 million in the same quarter last year [6][24]. - The adjusted EBITDA margin was 17.2% in Q1 2025, compared to 19.6% in Q1 2024 [6][24]. Debt and Capital Management - Total debt increased by $526 million to $5,735 million in Q1 2025, with net debt rising to $5,606 million [7][25]. - The net leverage ratio was 3.5x in Q1 2025, up from 3.0x in Q4 2024 [7][25]. - Capital expenditures for Q1 2025 were $313 million, slightly down from $331 million in the same quarter last year [8][11]. Future Guidance - The company expects full-year 2025 net sales between $8.2 billion and $8.5 billion, adjusted EBITDA between $1.4 billion and $1.6 billion, and adjusted EPS between $1.75 and $2.25 [9][10]. - The guidance reflects anticipated volume declines and input cost inflation, with increased uncertainty in macroeconomic conditions [9][10]. Strategic Initiatives - The company announced a new $1.5 billion share repurchase authorization, increasing the total available authorization to $1.865 billion [4][10]. - A ten percent increase in the quarterly dividend was announced in February 2025 [4].

Core Viewpoint - Graphic Packaging Holding Company has announced a new $1.5 billion share repurchase authorization, increasing the total available authorization to $1.865 billion as of April 30, 2025 [1][2]. Group 1: Share Repurchase Authorization - The new authorization allows for share repurchases through open market transactions, privately negotiated deals, and Rule 10b5-1 plans, depending on market conditions and the company's financial status [2]. - The previous share repurchase authorization from July 27, 2023, had $365 million remaining, which is now combined with the new authorization [1]. Group 2: Financial Strategy and Dividend - The company's President and CEO, Michael Doss, indicated that capital spending needs will decline significantly as the Vision 2025 investment nears completion, allowing for excess cash generation [3]. - The Board of Directors has approved a 10% increase in the quarterly dividend to $0.11 per share, which was paid on April 5, 2025, to stockholders of record as of March 15, 2025 [3]. Group 3: Commitment to Shareholder Returns - The company plans to measure potential investments against the alternative of repurchasing stock and aims to return a substantial amount of cash to shareholders through dividends and share repurchases in the future [4].