Financial Data and Key Metrics Changes - Net sales increased by 49% to $1.9 billion, driven by the acquisition of S and P EMEA and strong volume in the U.S. business [6][22] - Adjusted EBITDA rose by 25% to $328 million, with adjusted EBITDA margin improving by 101 basis points to 17.2% [6][22] - Adjusted EPS was $1.37, reflecting a 7% year-over-year increase, impacted by higher interest expenses [21][22] Business Line Data and Key Metrics Changes - Consumer Packaging segment saw a 115% growth in adjusted EBITDA, attributed to a 10% volume mix gain in the U.S. metal business and the acquisition of EVOSA [7][23] - Industrial segment adjusted EBITDA increased by 15% to $113 million, despite a 2% decline in sales to $588 million due to lower volumes [24][25] - All Other segment sales were flat at $95 million, with adjusted EBITDA declining by 8% [26] Market Data and Key Metrics Changes - EMEA sales were impacted by a delay in the European vegetable packaging season, with approximately 40% of sales being seasonal [15][16] - Demand for pet food and certain premium food categories remained resilient despite macroeconomic pressures [16] - The company expects a solid vegetable harvest in the third quarter, which is typically the strongest quarter [16] Company Strategy and Development Direction - The company is focused on businesses where it can leverage advanced material science and technology to drive competitive advantage [9][10] - Recent divestitures, including Thermoform and Flexible Packaging, are aimed at reallocating capital to core businesses [10][11] - The company is targeting $100 million in cost savings through synergies from the S and P EMEA acquisition by 2026 [12][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged global macroeconomic pressures affecting consumer and industrial demand, but remains optimistic about strong performance in the Consumer segment [6][28] - The company is maintaining its full-year guidance for net sales between $7.75 billion and $8 billion, with adjusted EBITDA guidance of $1.3 billion to $1.4 billion [28][29] - Management is focused on controlling costs and reducing leverage while creating long-term value for shareholders [36] Other Important Information - The company has invested $188 million in capital for the first half of 2025, with expectations to reach $360 million by year-end [30] - The integration of S and P EMEA is progressing well, with projected synergies of $40 million to $50 million by the end of the year [12][19] - The company is preparing for the sale of ThermoSafe, with expectations to use proceeds to further reduce net leverage [11][12] Q&A Session Summary Question: Can you discuss the volume run rate across major businesses and expectations for SMT EMEA? - Management indicated slight volume declines in Q2 but expects mid to upper single-digit increases in Q3 due to a late start in the vegetable harvest [41][48] Question: What are the reasons for the relatively light incremental margin in the consumer segment? - Management attributed the light margin to seasonal mix impacts and noted that the business is performing well despite volume shortfalls [50][51] Question: How will stranded costs improve moving forward? - Management expects improvements in stranded costs in the second half of the year and is focused on eliminating these costs [61][63] Question: What are the expectations for EBITDA in the EVO business? - Management confirmed expectations for year-over-year EBITDA growth in the EVO business, with significant incremental business opportunities identified [68][70] Question: How are tariffs impacting the business? - Management acknowledged that tariffs are a concern but noted that they are managing the impact effectively and expect to recover costs on the P&L side [76][78] Question: Can you clarify the factors affecting revised guidance? - Management indicated that the lower EPS guidance is primarily due to higher-than-anticipated interest expenses, while revenue and EBITDA guidance remains strong [102][104]

Financial Data and Key Metrics Changes - Net sales increased by 49% to $1.9 billion, driven by the S and P EMEA acquisition and strong volume in the U.S. business [22][5] - Adjusted EBITDA rose by 25% to $328 million, with adjusted EBITDA margin improving by 101 basis points to 17.2% [22][5] - Adjusted EPS was $1.37, reflecting a 7% year-over-year increase, impacted by higher interest expenses [21][5] Business Line Data and Key Metrics Changes - Consumer Packaging segment saw a 110% increase in sales, with adjusted EBITDA growing by 115% due to acquisitions and productivity gains [23][6] - Industrial segment sales decreased by 2% to $588 million, with adjusted EBITDA increasing by 15% to $113 million, driven by favorable pricing despite lower volumes [24][6] - All Other business sales were flat at $95 million, with adjusted EBITDA declining by 8% [25][6] Market Data and Key Metrics Changes - EMEA sales were impacted by a late start to the vegetable packaging season, with expectations for recovery in the third quarter [15][14] - Demand for pet food and premium food categories remained resilient despite macroeconomic pressures [15][14] - The company anticipates a solid vegetable harvest in the third quarter, which is expected to drive growth [15][14] Company Strategy and Development Direction - The company is focused on businesses where it can leverage advanced material science and technology to drive competitive advantage [8][10] - Recent divestitures are aimed at reallocating capital to core businesses, with a target to reduce net leverage to 3-3.3 times by the end of 2026 [11][10] - The company is investing in automation and capacity expansion to enhance productivity and meet growing market demands [29][30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged global macroeconomic pressures affecting consumer and industrial demand but expressed confidence in strong performance in the North American markets [27][28] - The company is maintaining its full-year guidance for net sales and adjusted EBITDA, despite some softness in international markets [27][28] - Management remains focused on controlling costs and reducing leverage while creating long-term shareholder value [36][28] Other Important Information - The company has achieved approximately $20 million in annual savings from stranded costs due to divestitures and is optimizing its operating footprint [12][11] - The integration of S and P EMEA is progressing well, with projected synergies of $40-50 million by the end of the year [12][14] Q&A Session Summary Question: Can you discuss the current volume run rate across major businesses and expectations for SMT EMEA? - Management indicated a slight decline in the paper can business but expects growth in the third quarter, particularly in metal cans [40][42] - EMEA volumes were down due to sardine availability and a late vegetable harvest, but recovery is anticipated in the third quarter [44][46] Question: What are the expectations for stranded costs and interest expenses moving forward? - Management expects improvements in stranded costs and a reduction in interest expenses in the second half of the year [61][62] Question: How are tariff impacts affecting the business? - Management noted that tariffs are being mitigated, but they could impact retail and consumer behavior [75][76] Question: Can you provide details on the EBITDA expectations for the EVO business? - Management confirmed expectations for year-over-year EBITDA growth and highlighted significant new contracts that will contribute to future volumes [69][70] Question: What is the outlook for the consumer segment's sustainability? - Management expressed confidence in maintaining strong performance in the consumer segment, driven by ongoing investments and new product launches [110][112]

Quarterly Financial Review 2 nd Quarter 2025 July 24, 2025 FORWARD-LOOKING STATEMENTS / NON-GAAP FINANCIAL MEASURES Statements included herein that are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. In addition, the Company and its representatives may from time to time make other oral or written statements that are also "forward-looking statemen ...

July 23, 2025 Sonoco Reports Second Quarter 2025 Results Hartsville, S.C., U.S. - Sonoco Products Company ("Sonoco" or the "Company") (NYSE: SON), a global leader in high- value sustainable packaging, today reported financial results for the second quarter ended June 29, 2025. Summary: *Note: References in today's news release to consolidated "net sales," "operating profit," and "adjusted operating profit," and Consumer Packaging "segment operating profit" and "segment adjusted EBITDA" along with the corres ...

HARTSVILLE, S.C., July 23, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for the second quarter ended June 29, 2025. Summary: Grew second quarter net sales to $1.9 billion, up 49.4% from the prior-year quarter primarily from acquisitionsReported second quarter GAAP net income attributable to Sonoco of $493 million, up from $91 million in the same period in 2024, and diluted earni ...

The market expects Sonoco (SON) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than exp ...

"We are excited to see companies like Sonoco continue to invest and expand in Orange County. Their decision to grow here underscores the strength of our regional economy and reinforces the importance of supporting businesses that help diversify our economy. This investment not only benefits our community today but helps position Orange County for a more prosperous future, attracting companies that support our region and our people," said Orange County Mayor Jerry L. Demings. "The Orlando Economic Partnershi ...

Core Viewpoint - Sonoco Products Company will announce its second quarter 2025 results on July 23, 2025, and will host a conference call on July 24, 2025, at 8:00 a.m. Eastern Time to discuss these results [1][2][3]. Company Overview - Sonoco is a global leader in high-value sustainable packaging, founded in 1899, and operates as a multi-billion-dollar enterprise with approximately 23,400 employees across 285 operations in 40 countries [4]. - The company focuses on value-added, sustainable metal and fiber consumer and industrial packaging, serving well-known global brands [4]. - Sonoco was recognized as one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025 [4].

HARTSVILLE, S.C., July 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in value-added sustainable packaging, today announced it has earned accreditation with the Pet Sustainability Coalition (PSC). Sonoco joined PSC in 2024 to align its packaging innovations with PSC’s mission of advancing sustainable business practices across the pet industry. PSC accreditation is awarded to companies demonstrating tangible progress in environmental stewardship, social responsibility and t ...

Company Overview - Sonoco's shares increased by 5% to close at $45.74, following a notable trading volume, contrasting with a 2.6% loss over the past four weeks [1] - The company is set to report its second quarter 2025 results on July 23, which has contributed to the recent stock rally [1] Financial Performance - In Q1 2025, Sonoco reported adjusted earnings per share of $1.38, marking a 23% improvement from the same quarter last year [2] - The company's net sales reached $1.71 billion in Q1 2025, reflecting a 31% year-over-year increase, driven by the Eviosys acquisition and growth in the EMEA region [2] Earnings Expectations - For the upcoming quarterly report, Sonoco is expected to post earnings of $1.46 per share, indicating a year-over-year growth of 14.1% [3] - Revenue projections for the next quarter are set at $1.9 billion, which represents a 17% increase compared to the previous year [3] Market Sentiment - The consensus EPS estimate for Sonoco has remained stable over the last 30 days, suggesting that stock price movements may not continue without changes in earnings estimate revisions [4] - Sonoco currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [5]