Graphic Packaging(US:GPK) Prnewswire·2026-02-03 11:30Core Insights - Graphic Packaging Holding Company reported a decrease in net sales and net income for the year 2025 compared to 2024, with net sales at $8.6 billion and net income at $444 million [1][3] - The company is focusing on operational excellence, customer service, cost structure improvement, and generating substantial free cash flow to strengthen its balance sheet and return capital to shareholders [4] Financial Performance - Net Sales: Fourth quarter 2025 net sales were $2,103 million, slightly up from $2,095 million in the same quarter of 2024. Full-year 2025 net sales decreased by 2% to $8,617 million from $8,807 million in 2024 [5][6] - Net Income: Fourth quarter net income was $71 million, or $0.24 per diluted share, down from $138 million, or $0.46 per diluted share in the same quarter of 2024. Full-year net income was $444 million, or $1.48 per diluted share, compared to $658 million, or $2.16 per diluted share in 2024 [2][3] - EBITDA: Fourth quarter EBITDA decreased by 19% to $305 million from $376 million in the same quarter of 2024. Full-year EBITDA decreased by 20% to $1,342 million from $1,677 million in 2024 [7][8] Operational Highlights - Capital Expenditures: Capital expenditures in the fourth quarter of 2025 were $127 million, down from $310 million in the same quarter of 2024. Full-year capital expenditures were $935 million, compared to $1,203 million in 2024 [10] - Debt Levels: Total debt for full-year 2025 was $5,592 million, an increase from $5,209 million in 2024. The net debt was $5,331 million, up from $5,052 million in 2024, resulting in a net leverage ratio of 3.8x compared to 3.0x in 2024 [9] Future Guidance - The company expects 2026 net sales to be between $8.4 billion and $8.6 billion, with adjusted EBITDA projected between $1.05 billion and $1.25 billion. The anticipated adjusted free cash flow for 2026 is between $700 million and $800 million [12][13]