Greif Inc. Reports 6.5% Increase in Q2 Net Income to $47.3 Million; EPS Rises to $0.82, Adjusted EBITDA Up 26%

Reuters
2025/06/10
Greif Inc. Reports 6.5% Increase in Q2 Net Income to $47.3 Million; EPS Rises to $0.82, Adjusted EBITDA Up 26%

Greif, Inc., a global leader in industrial packaging products and services, reported its fiscal second quarter 2025 results, showing a 6.5% increase in net income to $47.3 million, or $0.82 per diluted Class A share, compared to the same period in 2024, where net income was $44.4 million, or $0.77 per diluted Class A share. Excluding adjustments, net income rose 42.8% to $68.7 million, or $1.19 per diluted Class A share, from $48.1 million, or $0.83 per diluted Class A share, in the previous year. Adjusted EBITDA saw a significant increase of 26.0% to $213.9 million from $169.7 million. Additionally, net cash provided by operating activities increased by $48.9 million. The company also achieved $10.0 million in run-rate savings, confirming its expectation to reach $15.0 million to $25.0 million on a run-rate basis by the end of fiscal year 2025. Greif's CEO, Ole Rosgaard, highlighted the company's strategic progress under its Build to Last strategy and emphasized Greif's resilience and operational discipline in delivering strong financial performance. The company also announced that net sales from its acquisition of Ipackchem Group SAS will be included in the Customized Polymer Solutions segment starting in the fiscal third quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greif Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000043920-25-000031), on June 09, 2025, and is solely responsible for the information contained therein.

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