Core Insights - Greif, Inc. reported strong fiscal second quarter 2025 results, demonstrating resilience and strategic progress under its "Build to Last" strategy, with a focus on cost reductions and operational discipline [4][5][23]. Financial Highlights - Net income increased by 6.5% to $47.3 million, or $0.82 per diluted Class A share, compared to $44.4 million, or $0.77 per diluted Class A share in the prior year [5]. - Adjusted EBITDA rose by 26.0% to $213.9 million from $169.7 million [5]. - Net cash provided by operating activities increased by $48.9 million to $136.4 million [5]. - Total debt decreased by $140.9 million to $2,775.2 million, with net debt down by $197.6 million to $2,522.5 million [5]. Segment Performance - Customized Polymer Solutions saw net sales increase by $43.7 million to $329.3 million, primarily due to contributions from recent acquisitions [11]. - Durable Metal Solutions experienced a net sales decrease of $34.8 million to $378.9 million, attributed to lower volumes and selling prices [13]. - Sustainable Fiber Solutions reported a net sales increase of $19.0 million to $599.1 million, driven by higher containerboard and boxboard prices [16]. - Integrated Solutions faced a net sales decline of $13.2 million to $78.4 million, mainly due to the divestiture of Delta Petroleum Company [19]. Cost Optimization and Strategic Actions - The company achieved $10.0 million in run-rate savings from its cost optimization program and expects to reach $15.0 million to $25.0 million by the end of fiscal year 2025 [5]. - Greif is progressing on the sale of its timberland business, anticipating using the proceeds for further debt reduction [5]. Tax and Dividend Information - The income tax rate for the quarter was 35.5%, with an expected range of 27.0% to 32.0% for fiscal 2025 [21]. - The Board of Directors declared quarterly cash dividends of $0.54 per share of Class A Common Stock and $0.81 per share of Class B Common Stock, payable on July 1, 2025 [22]. Company Outlook - The company acknowledges a multi-year period of industrial contraction with no compelling demand inflection identified, but remains positioned for a potential recovery in the industrial economy [23]. - Fiscal 2025 low-end guidance for Adjusted EBITDA is raised to $725 million and for adjusted free cash flow to $280 million [24].

MAY 20, 2025 Fiscal Year and Fourth Quarter 2025 Earnings Release and Conference Call Forward-Looking Statements Forward-Looking Statements. This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the context of the statements and generally arise when the Company is discussing its beliefs, e ...

Core Insights - Greif, Inc. has been awarded a Gold Stevie Award for Achievement in Management – Manufacturing and a Silver Stevie Award for Company of the Year - Large Manufacturing at the Annual American Business Awards [1][2] Company Overview - Greif, Inc. is a global leader in industrial packaging products and services, producing a variety of packaging solutions including steel, plastic, and fiber drums, as well as intermediate bulk containers and other specialty products [8] - The company operates over 250 facilities in 37 countries and employs more than 14,000 people, aiming to be the best customer service company in the world [8] Awards and Recognition - The Stevie Awards recognize exceptional performance in the workplace, with over 3,600 nominations submitted this year from various organizations [3][4] - The awards ceremony will take place on June 10 at the Marriott Marquis Hotel in New York [5] Leadership and Innovation - Ole Rosgaard, President and CEO of Greif, emphasized the collective effort of the team in achieving sustainability and cultural goals, highlighting the company's commitment to continuous improvement [7] - Judges praised Greif for redefining its role in the industrial packaging industry through a holistic approach that integrates sustainability, innovation, and corporate culture [7]

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].