Packaging
Search documents
Sonoco Named to USA TODAY America's Climate Leaders 2025 List
GlobeNewswire News Room· 2025-04-23 00:00
Core Insights - Sonoco Products Company has been recognized as one of America's Climate Leaders 2025 by USA TODAY and Statista, highlighting its commitment to sustainability in packaging [1][2]. Company Overview - Sonoco, founded in 1899, is a global leader in sustainable metal and fiber packaging, operating as a multi-billion-dollar enterprise with approximately 23,400 employees across 285 operations in 40 countries [4]. - The company emphasizes innovation, collaboration, and excellence in its mission to provide better packaging solutions for a sustainable future [4]. Sustainability Commitment - The company aims to enhance accountability and transparency in its sustainability and corporate responsibility programs, focusing on reducing environmental impacts through a simplified portfolio of sustainable packaging [2]. - To qualify for the America's Climate Leaders award, companies must demonstrate a year-over-year reduction in emissions intensity, with specific criteria including independent emission reporting and a minimum revenue threshold of $50 million in 2023 [5].
Amcor (AMCR) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-22 15:06
The market expects Amcor (AMCR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 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 stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the st ...
Sonoco (SON) to Report Q1 Results: Wall Street Expects Earnings Growth
ZACKS· 2025-04-22 15:06
Sonoco (SON) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move l ...
Packaging Corp. (PKG) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-04-16 14:20
Wall Street analysts expect Packaging Corp. (PKG) to post quarterly earnings of $2.22 per share in its upcoming report, which indicates a year-over-year increase of 29.1%. Revenues are expected to be $2.15 billion, up 8.6% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vital to take i ...
Innventure, Inc.(INV) - 2024 Q4 - Earnings Call Transcript
2025-04-11 19:53
Financial Data and Key Metrics Changes - nVenture reported total revenue of $1.2 million for 2024, marking the first commercial sales at Excelsius [24] - Adjusted EBITDA was a loss of $27.9 million in 2024, driven by costs associated with sales, R&D, and increased G&A expenses due to the transition to a public company [24][25] Business Line Data and Key Metrics Changes - Excelsius began delivering products to the market in Q3 2024 and gained momentum in Q4, although revenues have yet to scale significantly [5][7] - Aeroflex also started delivering products in 2024, with a partnership announced with Spectrum Brands for a pet shampoo product [12][13] - Refinitiv was launched in December 2024, focusing on opportunities in the waste-to-value space, with plans to commercialize a proprietary recycling process [16][17] Market Data and Key Metrics Changes - The top hyperscalers are estimated to spend over $250 billion on data center development in 2025, indicating a significant market opportunity for Excelsius [10] - Aeroflex's certifications, including ISO and BRCGS, enhance its credibility in the $400 billion packaging market [14] Company Strategy and Development Direction - nVenture aims to drive long-term value for shareholders and is focused on scaling its operating companies through strategic partnerships with multinational corporations [6][20] - The company plans to engage in engineering procurement and construction partnerships for its first plant and demonstrate the viability of its recycling technology [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the second half of 2025, anticipating a steep revenue ramp for Excelsius as white label products become available [41][42] - The company remains committed to creating long-term shareholder value and is confident in its positioning for growth in 2025 [27][29] Other Important Information - nVenture completed a private placement of Series C preferred stock amounting to approximately $28.9 million to strengthen its balance sheet [27][28] - The company plans to consolidate cash flows at the nVenture level as it scales and launches new companies [29] Q&A Session Summary Question: Can you expand on the discussions with global OEMs and hyperscalers? - Management confirmed that they have a contract with a global OEM and are optimistic about securing firm commitments from hyperscalers, indicating significant revenue potential [33][36] Question: What is the status of product revenue for December? - Management indicated that product revenue details would be disclosed in the upcoming 10-K filing, with current revenue primarily from Excelsius [55][58] Question: What enabled the doubling of heat capacity removal for Excelsius? - The increase was attributed to engineering and design improvements that allow for higher heat flux removal [63][65] Question: Is Aeroflex's pet shampoo product an early-stage test? - Management confirmed that the product is available for purchase and represents a significant commercial contract, with expectations for follow-on orders [46][47] Question: What is the current OpEx rate and future expectations? - Management stated that while specific details would be available in the 10-K, they expect to keep OpEx as low as possible while managing costs effectively [72][75]
Ball to Announce First Quarter Earnings on May 6, 2025
Prnewswire· 2025-04-08 20:30
Group 1 - Ball Corporation will announce its first quarter 2025 earnings on May 6, 2025, before trading begins on the New York Stock Exchange [1] - A quarterly conference call will be held at 9 a.m. Mountain Time (11 a.m. Eastern Time) on the same day to discuss the company's results and performance [1] - North American callers can participate in the live Q&A session by calling 877-497-9071, while international callers should use +1 201-689-8727 [1] Group 2 - For those unable to attend the live call, a taped replay and transcript will be available within 48 hours on Ball's website under "Financial Results" [2] - Ball Corporation reported net sales of $11.80 billion for 2024, excluding the divested aerospace business [2] - The company employs 16,000 people worldwide and provides innovative, sustainable aluminum packaging solutions for various sectors [2]
Huhtamaki publishes Q1 2025 Interim Report on April 24, 2025
Globenewswire· 2025-04-08 10:00
Core Viewpoint - Huhtamaki Oyj is set to publish its Q1 2025 Interim Report on April 24, 2025, at approximately 8:30 EEST, with a subsequent audiocast and teleconference scheduled for 9:00 EEST on the same day [1][2]. Group 1: Financial Reporting - The Q1 2025 Interim Report will be available on Huhtamaki's investor website after publication [1]. - The results presentation will be led by Huhtamaki's President & CEO Ralf K. Wunderlich and CFO Thomas Geust, followed by a Q&A session [2]. Group 2: Company Overview - Huhtamaki is a leading global provider of sustainable packaging solutions, with a focus on hygiene, safety, and reducing food waste [3]. - The company has over 100 years of history, operates in 36 countries with around 18,000 professionals, and reported net sales of EUR 4.1 billion in 2024 [4].
Graphic Packaging Holding Company to Close Middletown, Ohio Paperboard Manufacturing Facility
Prnewswire· 2025-04-01 11:30
Core Viewpoint - Graphic Packaging Holding Company will permanently close its Middletown, Ohio, coated recycled paperboard manufacturing facility around June 1, 2025, as part of a strategy to consolidate production into its Kalamazoo, Michigan, and Waco, Texas facilities, impacting approximately 130 employees [1][2]. Group 1 - The closure is aimed at enhancing the company's competitive advantage in paperboard manufacturing while improving environmental efficiency, including water and energy usage [2][3]. - The investments in Kalamazoo and Waco are critical for delivering high-quality, economically advantageous paperboard in North America, with the Waco facility nearing completion [3]. Group 2 - Graphic Packaging is recognized as a global leader in sustainable consumer packaging, focusing on reducing the environmental footprint through the use of renewable and recycled materials [5]. - The company operates a global network of design and manufacturing facilities, serving well-known brands across various sectors, including food and beverage [5].
BOTANICAL BEVERAGE BRAND MOMENT AND CROWN HOLDINGS ELEVATE "MODERN SODA" TO A NEW LEVEL OF SUSTAINABILITY
Prnewswire· 2025-03-31 16:48
Core Insights - Moment, a botanical soda brand, is enhancing its sustainability efforts by upgrading its aluminum packaging in partnership with Crown Holdings, Inc. This transition involves replacing shrink-wrapped cans with directly printed cans to improve package circularity and environmental impact [1][2][3] Company Overview - Moment is a female- and minority-owned brand that focuses on natural beverage formulations aimed at promoting mental clarity and stress relief. The drinks are non-alcoholic, low-calorie, and contain no added sugar, catering to the growing demand for healthy beverage options [4][7] - Crown Holdings, Inc. is a leading global supplier of rigid packaging products, providing expertise in packaging design and sustainability to support Moment's growth in the beverage market [6] Market Position and Growth - Since appearing on "Shark Tank," Moment has experienced a remarkable 400% growth and is preparing for significant scale-up with new packaging that maintains product transparency and visual identity [4] - The collaboration with Crown will allow Moment to transition six of its most popular SKUs to an infinitely recyclable format, aligning with evolving consumer preferences for eco-friendly products [2][3] Product Launch and Availability - All transitioned SKUs will be available in 12-oz CrownSleek cans across key regions in the U.S. by early 2025, starting with the Midwest and Northeast, followed by the West Coast [5]
Silgan Holdings (SLGN) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-03-28 14:46
Company Overview - Silgan Holdings is a leading supplier of rigid packaging for consumer goods, operating 113 manufacturing facilities across North and South America, Europe, and Asia [12] - The company is the largest metal-container supplier for food products in North America, with a diverse product line including steel and aluminum containers, custom-designed plastic containers, and various closures for food and beverage products [12] Investment Ratings - Silgan Holdings has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [13] - The company is considered a top pick for growth investors, with a Growth Style Score of A, forecasting year-over-year earnings growth of 13.5% for the current fiscal year [13] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.02 to $4.11 per share [13] - Silgan Holdings has an average earnings surprise of 1.5%, suggesting a positive trend in earnings performance [13] Conclusion - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, Silgan Holdings is recommended for investors' consideration [14]