Sonoco(US:SON)2025-07-24 12:00Financial Performance - Revenue reached $1.91 billion, a 49% increase compared to the previous year, driven by the SMP EMEA acquisition, strong SMP US demand, favorable pricing, and FX[15, 20, 41] - Adjusted Operating Profit increased by 74% to $247 million, due to favorable price/cost, SMP EMEA acquisition, and productivity[16, 20, 41] - Adjusted EBITDA increased by 25% to $328 million, with a margin of 17.2%, up 101 bps[17, 18, 41] - Adjusted Earnings Per Share (EPS) increased by 7% to $1.37[18, 41] Segment Performance - Consumer Packaging sales increased by 110% to $1.227 billion, with Adjusted EBITDA up 115% to $213 million, and Volume/Mix up ~3%[20, 43] - Industrial Paper Packaging Adjusted EBITDA increased by 16% to $113 million, despite a 2% decrease in sales to $588 million[20, 46] - All Other segment sales remained flat at $95 million, with Adjusted EBITDA decreasing by 8% to $16 million[49] Strategic Initiatives and Outlook - The company divested Thermoformed and Flexibles Packaging to Toppan Holdings and significantly reduced Net Debt by ~$1.8 billion[26] - The company is projecting full-year 2025 Net Revenue between $7.75 billion and $8 billion, and Adjusted EBITDA between $1.3 billion and $1.4 billion[55] - Capital spending is projected at $360 million for 2025, with projected productivity savings of ~$65 million[62]