Graphic Packaging(US:GPK)2025-05-01 11:07Financial Performance & Guidance - Net sales for Q1 2025 were $2.12 billion, a decrease of 6% year-over-year compared to $2.259 billion in Q1 2024[39] - Adjusted EBITDA for Q1 2025 was $365 million, down from $443 million in Q1 2024, with Adjusted EBITDA Margin decreasing by 240bps to 172%[39] - Adjusted EPS for Q1 2025 was $051, compared to $066 in Q1 2024[39] - The company revised its 2025 Net Sales guidance to $82 billion to $85 billion and Adjusted EBITDA guidance to $14 billion to $16 billion[44] - Capital spending for 2025 is projected to be approximately $700 million[46, 53] Strategic Initiatives & Market Dynamics - Volume increased by 1% year-over-year, with America's down 1% and International up 3%, while price decreased by 1% year-over-year[5] - Innovation Sales Growth reached $44 million in Q1 2025, with a solid pipeline visibility to at least 2% Innovation Sales Growth in 2025[5] - The company announced a new $15 billion share repurchase authorization, bringing the total available authorization to $1865 billion[5] - The Waco, Texas recycled paperboard investment is moving toward completion with a Q4 2025 startup, while the Middletown, Ohio facility closure was announced[5] Future Outlook - The company aims for low-single-digit annual sales growth, mid-single-digit annual Adjusted EBITDA growth, and high-single-digit annual Adjusted EPS growth[47] - Graphic Packaging anticipates generating over $5 billion in cash flow between 2024 and 2030, with approximately $800 million to $1 billion in cash flow expected in 2025[49]