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Crown (CCK) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-28 23:30
Core Insights - Crown Holdings reported revenue of $2.89 billion for the quarter ended March 2025, reflecting a year-over-year increase of 3.7% and surpassing the Zacks Consensus Estimate of $2.86 billion by 0.77% [1] - The company's EPS for the quarter was $1.67, significantly higher than the $1.02 reported in the same quarter last year, and exceeded the consensus EPS estimate of $1.22 by 36.89% [1] Revenue Performance - External Sales in the Americas Beverage segment reached $1.32 billion, exceeding the average estimate of $1.28 billion and showing an 8% year-over-year increase [4] - European Beverage segment sales were reported at $512 million, slightly below the average estimate of $516.82 million, with a year-over-year increase of 6.2% [4] - Transit Packaging sales were $482 million, below the average estimate of $496.98 million, reflecting a year-over-year decline of 7.3% [4] - Other segments reported sales of $294 million, surpassing the average estimate of $291.04 million, with a year-over-year increase of 4.6% [4] - Asia Pacific sales were $279 million, below the average estimate of $292.55 million, with no year-over-year change [4] Segment Income - Segment Income for the Americas Beverage was $236 million, significantly above the average estimate of $189.37 million [4] - European Beverage segment income was reported at $67 million, exceeding the average estimate of $60.08 million [4] - Transit Packaging segment income matched the average estimate of $60.08 million at $60 million [4] - Other segments reported income of $29 million, surpassing the average estimate of $16.30 million [4] - Corporate and other segments reported a loss of $41 million, slightly worse than the average estimate of -$39.33 million [4] - Asia Pacific segment income was $47 million, above the average estimate of $42.94 million [4] Stock Performance - Crown Holdings shares returned +1.3% over the past month, contrasting with a -4.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Sonoco To Report First Quarter 2025 Results
Globenewswire· 2025-04-28 18:52
Core Viewpoint - Sonoco Products Company is set to announce its first quarter 2025 results on April 29, 2025, and will host a conference call on April 30, 2025, to discuss these results [1][2]. Company Overview - Sonoco, founded in 1899, is a global leader in sustainable packaging, operating as a multi-billion-dollar enterprise with approximately 23,400 employees across 285 operations in 40 countries [4]. - The company focuses on value-added metal and fiber consumer and industrial packaging, serving well-known global brands [4]. - Sonoco is recognized for its commitment to sustainability and innovation, having been named one of America's Most Responsible Companies by Newsweek [4].
International Paper Set to Report Q1 Earnings: What's in Store?
ZACKS· 2025-04-28 16:35
Core Viewpoint - International Paper Company is set to report its first-quarter 2025 results on April 30, following the acquisition of DS Smith, which is expected to significantly enhance its financial performance compared to the previous year [1][2]. Financial Performance Expectations - The Zacks Consensus Estimate for International Paper's first-quarter revenues is $6.61 billion, reflecting a 43.1% increase from the same quarter last year [3]. - Earnings estimates have decreased by 16.7% over the past 60 days to 35 cents per share, indicating a 106% year-over-year increase from 17 cents reported in the previous year [3]. - The company has a history of earnings surprises, beating estimates in three of the last four quarters with an average surprise of 41.5% [5]. Segment Performance Insights - EMEA Packaging volumes are projected to reach 2,452 thousand short tons in Q1 2025, a significant increase from 340 thousand tons in Q1 2024, with revenues expected at $2.44 billion [7]. - North American Packaging Solutions is anticipated to see year-over-year volume increases in various categories, with revenues estimated at $3.79 billion for the quarter [8][9]. - Overall, Industrial Packaging segment volumes are projected at 6,165 thousand short tons, indicating a 54.5% year-over-year rise, with revenues expected to be $6.2 billion, reflecting a 62.9% increase [10]. Operating Profit Projections - The Industrial Packaging segment's operating profit is expected to surge by 73% to $373 million, with North American Packaging Solutions projected at $285 million and EMEA Packaging at $87.7 million [11]. Global Cellulose Fibers Segment - The Global Cellulose Fibers segment is expected to report volumes of 622 thousand metric tons, a 14.7% year-over-year decline, with revenues estimated at $608 million, down 13.6% from the previous year [12]. Stock Performance - International Paper's stock has increased by 39.1% over the past year, outperforming the industry average growth of 23.6% [14].
Amcor to Report Q3 Earnings: Here's What to Expect for the Stock
ZACKS· 2025-04-28 16:35
Core Viewpoint - Amcor Plc (AMCR) is set to report its third-quarter fiscal 2025 results on April 30, with revenue expectations of $3.51 billion, reflecting a 2.9% increase year-over-year, and earnings per share estimated at 18 cents, indicating no change from the previous year [1] Financial Estimates - The Zacks Consensus Estimate for AMCR's fiscal third-quarter revenues is $3.51 billion, indicating a 2.9% growth from the year-ago figure [1] - The consensus estimate for earnings is 18 cents per share, which has decreased by 5.3% over the past 60 days [1][2] - The Earnings ESP for AMCR is -2.17%, suggesting a lower likelihood of an earnings beat this quarter [3] Volume and Segment Performance - Amcor's total volume growth was negative for seven consecutive quarters until Q4 of fiscal 2024, where it saw a 1% increase, followed by 2% growth in both Q1 and Q2 of fiscal 2025 [4] - The Flexible segment is projected to achieve a volume growth of 4.9% in Q3, with sales expected to reach $2.68 billion, representing a 3% year-over-year increase [7] - The Rigid Packaging segment is estimated to have a 4.1% rise in volumes, with sales projected at $0.85 billion, indicating a 4% year-over-year growth [8] Market Dynamics - Amcor has been facing supply shortages and price volatility in certain resins and raw materials due to market dynamics and inflation, which are expected to impact Q3 earnings [6] - Overall price/mix benefits are anticipated to be a negative 1.9% for the quarter [5] Recent Developments - The European Commission has approved the merger between Amcor and Berry Global Group, which is set to close on April 30, 2025, pending certain conditions [9] - Over the past year, Amcor's shares have increased by 10.6%, outperforming the industry, which saw a 2.3% decline [10]
Huhtamäki Oyj - Managers' Transactions (Wunderlich)
Globenewswire· 2025-04-28 08:00
Group 1 - Huhtamaki Oyj's CEO, Ralf K. Wunderlich, made an initial notification regarding a share acquisition on April 25, 2025 [1] - The transaction involved a total volume of 10,000 shares at a volume-weighted average price of 32.23649 EUR [2] - Huhtamaki is recognized as a leading global provider of sustainable packaging solutions, emphasizing hygiene, safety, and food waste prevention [2] Group 2 - Huhtamaki has a rich history of over 100 years and operates in 36 countries with approximately 18,000 professionals [3] - The company's net sales for 2024 reached EUR 4.1 billion, indicating strong financial performance [3] - Huhtamaki is listed on Nasdaq Helsinki, with its headquarters located in Espoo, Finland [3]
Amcor to report fiscal 2025 third quarter results
Prnewswire· 2025-04-25 20:12
ZURICH, April 25, 2025 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE: AMCR, ASX: AMC) will announce its fiscal 2025 third quarter results for the three month period ended March 31, 2025, after the U.S. market closes on Wed., April 30, 2025. A conference call and webcast to discuss Amcor's results will be held at 5.30 p.m. U.S. Eastern Daylight Time on Wed., April 30 / 7.30 a.m. Australian Eastern Standard Time on Thurs., May 1. For those wishing to participate in the call, please use the following dial-in numbe ...
Amcor and Berry receive European Commission antitrust approval for combination
Prnewswire· 2025-04-25 20:10
Core Points - The European Commission has granted unconditional approval for the merger between Amcor and Berry, allowing the companies to proceed towards closing the transaction, expected on April 30, 2025 [1][2] Company Overview Amcor - Amcor plc is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024, with operations in 212 locations across 40 countries [4] - The company focuses on innovative packaging that is recyclable, reusable, and made with recycled content [4] Berry - Berry Global Group, Inc. is recognized for its innovative packaging solutions, emphasizing sustainability and serving a diverse customer base globally [5] - The company employs over 34,000 people across more than 200 locations, leveraging its capabilities to support the circular economy [5]
Ardagh Metal Packaging(AMBP) - 2025 Q1 - Earnings Call Transcript
2025-04-24 18:05
Financial Data and Key Metrics Changes - In Q1 2025, global shipments grew by 6% and adjusted EBITDA increased by 16% compared to the prior year, exceeding initial guidance [6][25]. - The company ended the quarter with a liquidity position of $570 million, reflecting a seasonal working capital outflow [20]. - Net leverage improved to 5.5 times net debt over the last twelve months adjusted EBITDA, down from 6.2 times reported in Q1 2024 [21][22]. Business Line Data and Key Metrics Changes - In Europe, Q1 revenue increased by 10% to $528 million, with shipments growing by 5% [13][14]. - In the Americas, revenue rose by 12% to $740 million, with adjusted EBITDA increasing by 16% to $106 million [15][16]. - North America shipments increased by 8%, driven by strong demand for nonalcoholic beverages, particularly energy drinks [16]. Market Data and Key Metrics Changes - The beverage can continues to gain market share in customers' packaging mix, with strong trends in customer innovation favoring beverage cans [9][26]. - In Brazil, beverage can shipments increased by 4%, outperforming the industry, which grew modestly [17]. - The company anticipates a low to mid-single-digit percentage growth in shipments for Brazil for 2025, maintaining a cautious outlook [18][19]. Company Strategy and Development Direction - The company is upgrading its full-year guidance for shipments growth to 3% to 4%, up from the initial 2% to 3% [27]. - Full-year adjusted EBITDA is now expected to be in the range of $695 million to $720 million, reflecting improved underlying business performance and favorable currency outlook [27]. - The company is focusing on high-return projects to increase capacity and flexibility in Europe, indicating a proactive approach to meet future demand [70][120]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business despite a dynamic macro environment, with minimal anticipated impact from tariff measures [8][10]. - The company remains cautious about the back half of the year due to potential volatility in the macro environment [101][114]. - Management highlighted strong customer performance in North America, particularly in innovative beverage categories, as a key driver for the positive outlook [58][61]. Other Important Information - The company announced a quarterly ordinary dividend of $0.10 per share, with no changes to its capital allocation policy [24]. - The company expects adjusted free cash flow for 2025 to be at least $150 million, with maintenance CapEx around $135 million [22]. Q&A Session Summary Question: Trends in April and impact of tariffs - Management noted no change in order behavior in April and attributed the guidance upgrade to continued sales momentum, particularly in North America [32][34]. Question: Confidence in North American energy market - Management expressed confidence in the recovery of the energy category, noting broad-based growth across customer segments [37][39]. Question: Customer mix issues in Brazil - Management acknowledged volatility in Brazil but maintained a cautious outlook despite a positive start to the year [50][52]. Question: Competitive landscape and contract renewals - Management indicated no material risk to volumes or margins from the competitive environment, with discussions on contract renewals progressing well [86][88]. Question: Utilization rates and new capacity in Brazil - Management stated that North America is operating in the nineties for utilization rates, while Brazil remains complex with lower utilization [94][96]. Question: Free cash flow and leverage outlook - Management is optimistic about free cash flow generation and expects leverage to decrease by year-end, primarily through EBITDA growth [135].
全球与中国无菌砖包市场现状及未来发展趋势2025-2031
QYResearch· 2025-04-24 09:32
市场需求增长 无菌砖包广泛应用于液态奶、果汁、饮料等食品的包装。随着消费者对食品安全、健康和便利的要求不断提升,无菌砖包的市场需求也 在持续增长。尤其是在中国市场,随着乳制品和非碳酸饮料的消费增加,无菌包装的需求进一步扩大。 市场竞争激烈 无菌砖包行业竞争日益激烈。全球知名品牌如Tetra Pak、SIG等主导市场,同时也有一些本土品牌在中国等地区崭露头角。虽然大品牌通 过强大的技术支持和全球化布局保持市场份额,但中小企业通过本地化创新、性价比等优势逐步争夺市场份额。 全球化发展 随着全球化的发展,国际品牌在全球范围内不断拓展业务。特别是在东南亚、拉丁美洲和非洲等新兴市场,无菌包装行业正逐步进入并 迅速增长。这些地区对乳制品、果汁和即饮饮料的需求快速增长,为无菌砖包行业提供了更多的机会。 无菌砖包发展趋势 环保和可持续发展 无菌砖包是一种用于液态食品和饮料的包装形式,通常由纸、铝箔和塑料薄膜等多层材料构成。通过无菌灌装技术,这种包装能够有效 隔离空气、光线和微生物,从而保持食品的安全性和延长其保质期。 无菌砖包行业目前发展现状 随着全球环保意识的提高,无菌砖包行业将更加注重环保性和可持续性。无菌包装生产商将更 ...
Sonoco Named to USA TODAY America's Climate Leaders 2025 List
Newsfilter· 2025-04-23 00:00
Core Points - Sonoco Products Company has been recognized as one of America's Climate Leaders 2025 by USA TODAY and Statista, highlighting its commitment to sustainability [1][2] - The award is based on a two-step process involving an application phase and a data analysis phase, focusing on year-over-year reduction in emissions intensity [2][7] - Sonoco emphasizes accountability and transparency in its sustainability efforts, with a focus on sustainable metal and fiber packaging [2] Company Overview - Sonoco, founded in 1899, is a global leader in sustainable packaging, operating in 40 countries with approximately 23,400 employees [4] - The company reported revenue of at least $50 million in 2023 and has a strong commitment to environmental responsibility [7] - Sonoco was also named one of America's Most Trustworthy and Responsible Companies by Newsweek in 2025 [4]