Company Overview - Sonoco Products Company is a global leader in high-value sustainable packaging, founded in 1899 [4] - The company operates in 285 locations across 40 countries, employing approximately 23,400 people [4] - Sonoco focuses on value-added, sustainable metal and fiber consumer and industrial packaging [4] - The company was recognized as one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025 [4] Upcoming Earnings Announcement - Sonoco will announce its second quarter 2025 results on July 23, 2025, after market close [1] - A conference call to discuss these results is scheduled for July 24, 2025, at 9:00 a.m. Eastern Time [1][3] - A live audio webcast of the call will be available on the Sonoco Investor Relations website, with a replay accessible for at least 30 days [2]

Core Points - The passing of Tomás López, a visionary leader in the European metal can-making industry and CEO of Sonoco Metal Packaging EMEA, is announced by Sonoco Products Company [2][3] - Rodger Fuller, the Chief Operating Officer of Sonoco, has been appointed as the Interim CEO of Sonoco Metal Packaging EMEA following López's death [5] Company Overview - Sonoco Products Company, founded in 1899, is a global leader in value-added sustainable metal and fiber consumer and industrial packaging, operating in 40 countries with approximately 23,400 employees [6] - The company aims to foster a culture of innovation and sustainability, serving some of the world's best-known brands and was recognized as one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025 [6] Industry Impact - Tomás López played a significant role in the growth of the can-making industry, having started his career in 1980 and leading Mivisa Envases to become the largest food can producer in the Iberian Peninsula and Morocco [4] - Under López's leadership, the company transitioned through acquisitions, ultimately leading to the formation of Sonoco Metal Packaging EMEA after Sonoco's acquisition of Eviosys in December 2024 [4]

2025 Sonoco Annual Meeting of Shareholders BOARD OF DIRECTORS Steven Boyd Scott Clark Howard Coker Pamela Davies Theresa Drew Philippe Guillemot 2 BOARD OF DIRECTORS John Haley Robert Hill Eleni Istavridis Richard Kyle Blythe McGarvie Thomas Whiddon 3 2025 Annual Meeting Items of Business Proposal 1 Election of Directors Proposal 2 Ratification of Independent Registered Public Accounting Firm Proposal 3 Advisory (Non-binding) Vote on Executive Compensation Proposal 4 5 State of Sonoco Howard Coker President ...

Group 1 - Friedrich Global Research aims to identify the safest and best performing companies for stock investment, focusing on free cash flow, efficient capital allocation, and superior results to find high-quality management teams [1] Group 2 - The founder of Bern Factor LLC has nearly 40 years of investing and analysis experience, with expertise in both quantitative and qualitative analysis, as well as technical analysis [2] - The founder has a diverse background, having worked in various sectors including retail, military, and management, which provides a broad perspective on macroeconomics and detailed operational insights [2]

Company Overview - Sonoco Products Company (NYSE: SON) has seen its shares decline by 35% since reaching an all-time high four years ago, amid ongoing uncertainty regarding its multi-year transformation [2]. Investment Strategy - The Insiders Forum focuses on small and mid-cap stocks that are being actively purchased by insiders, aiming to outperform the Russell 2000 benchmark over time [2]. - The portfolio managed by The Insiders Forum consists of 12-25 top stocks across various sectors that are attractively valued and have experienced significant recent insider purchases [2].

Paul Joachimczyk Sonoco Names Paul Joachimczyk Chief Financial Officer HARTSVILLE, S.C., June 17, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in value-added sustainable packaging, today announced that Paul Joachimczyk has been named Chief Financial Officer, effective June 30, 2025. “We are pleased to have Paul joining the Sonoco family. He is a highly accomplished financial executive with a proven track record of successfully leading financial functions for large multi ...

Core Insights - Sonoco Products Company (NYSE: SON) is viewed as a promising investment opportunity, particularly following its significant acquisition of Eviosys last summer, which has implications for the company's leverage strategy [1]. Group 1 - The company is part of the investing group "Value In Corporate Events," which focuses on identifying actionable investment opportunities related to major corporate events such as earnings reports, mergers and acquisitions, and IPOs [1]. - The service provides coverage of approximately 10 major events each month, aiming to find the best investment opportunities for its members [1]. - The acquisition of Eviosys is a key event that has influenced the company's financial strategy and market position [1].

Core Viewpoint - Sonoco Products Company (NYSE: SON) provides a range of highly engineered and sustainable packaging products for consumer and industrial companies across 40 countries, but its performance has not been particularly commendable [1] Group 1 - Sonoco operates in the packaging industry, focusing on engineered and sustainable products [1] - The company serves both consumer and industrial sectors, indicating a diverse customer base [1] - Sonoco's global reach spans 40 countries, highlighting its international presence [1]

Core Insights - Sonoco Products Company has transformed into a more sustainable packaging company following the acquisition of Eviosys, enhancing its sustainability footprint and global reach [1][2] Group 1: Sustainability Initiatives - The acquisition of Eviosys adds 6,300 employees and 45 facilities across Europe, the Middle East, and Africa, positioning Sonoco as a global leader in metal and fiber packaging [2] - Sonoco aims to reduce Scope 1 and 2 greenhouse gas emissions by 25% by 2030 from a 2020 baseline, supported by investments in renewable energy and energy efficiency [3] - In 2024, Sonoco implemented 27 sustainability projects, achieving a 9.6% reduction in energy use, surpassing its 8% goal for 2030 [4] Group 2: Emission Reductions and Achievements - Eviosys achieved a 26.3% reduction in Scope 1 and 2 emissions from its 2020 baseline in 2024 and received an EcoVadis Platinum rating for environmental performance [5] - The integration of energy-efficient technologies is expected to reduce natural gas usage by 60% and eliminate solvent emissions [5] Group 3: Product Innovations - Sonoco's packaging innovations include the Rigid Paper Container and lightweight steel aerosols, which enhance recyclability and reduce carbon emissions [6] - Eviosys' Ecopeel and Horizon products have been recognized for their sustainable design, cutting carbon emissions by 20% and enhancing recyclability [6] Group 4: Corporate Vision and Recognition - Sonoco's mission, "Better Packaging. Better Life.", drives its commitment to sustainability and innovation across its global operations [7] - The company has been recognized as one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025 [8]

Financial Data and Key Metrics Changes - Net sales increased by 31% to $1.7 billion, driven by favorable pricing and the full quarter impact of the S&P EMEA acquisition [12][13] - Adjusted EBITDA rose by 38% to $338 million, with an adjusted EBITDA margin improvement of 170 basis points to 16.6% [13][19] - Adjusted earnings per share increased by 23% to $1.30, primarily due to strong productivity and favorable price-cost performance [12][13] Business Line Data and Key Metrics Changes - Consumer Packaging segment saw a remarkable 127% growth in adjusted EBITDA, attributed to the EVOSYS acquisition and strong volume mix [6][14] - Industrial Packaging segment's adjusted EBITDA improved by 6%, despite a low single-digit decline in volume [6][15] - All Other business segment reported sales of $85 million and adjusted EBITDA of $14 million, affected by the divestiture of Protective Solutions [16] Market Data and Key Metrics Changes - North American metal packaging business achieved a 10% organic volume mix improvement, with aerosols up approximately 25% [10][34] - EMEA metal packaging adjusted EBITDA increased by about 23% due to productivity savings and a favorable price-cost environment [10][14] - European market conditions were slower than expected, impacting metal packaging volumes [10][34] Company Strategy and Development Direction - The company is focused on fewer, bigger businesses, enhancing its core sustainable packaging platforms and reinvesting in higher return opportunities [11][12] - Integration of the Ebiosis acquisition is underway, with expectations of achieving $40 million in synergy savings by 2025 [9][20] - The company aims to increase long-term profitability and return capital to shareholders, reaffirming its commitment to dividend payments [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic uncertainties, highlighting the resilience of the consumer packaging business during economic stress [22][23] - The company anticipates continued strength in legacy businesses and expects adjusted EPS to be in the range of $6 to $6.2 for the full year [18][19] - Operating cash flow is projected between $800 million to $900 million, with free cash flow between $450 million to $550 million [19][27] Other Important Information - The company has reduced net leverage to just under four times net debt to adjusted EBITDA, using proceeds from the TFP sale to significantly reduce debt [17][18] - The company was recognized as one of America's Climate Leaders for 2025, reflecting its commitment to reducing carbon emissions [21] Q&A Session Summary Question: Can you provide more detail on volume performance by region and segment? - Management noted mid-single-digit growth globally in the consumer segment, with North America slightly up and Europe down [30][31] Question: Are there any changes in purchasing behavior or supply chain issues? - Management indicated minimal changes in purchasing behavior, with some stagnation due to a major customer's acquisition [40][41] Question: What are the opportunities in managing the global network? - The company is evaluating the best locations for production to provide cost-effective solutions across its global operations [46][47] Question: What is the outlook for the ThermoSafe business? - Management is pleased with the performance and expects to make a decision on its future by the end of the year [64] Question: What is the current status of net adjusted debt post the TFP pay down? - Management confirmed net adjusted debt is expected to be under four times by year-end, with a target of 3 to 3.3 times by the end of 2026 [68] Question: What are the expectations for OCC costs and URB price increases? - OCC costs are expected to average between $90 and $95 in the second half of the year, with URB price increases anticipated to benefit the company in the second half [70][71]