Reiterates Vision 2030 priorities, including annual sales growth in low single digits, annual adjusted EBITDA growth in mid single digits, annual adjusted EPS growth in high single digits, normalized capex approx. 5% after 2025. The company plans to reinvest to expand capabilities, grow the dividend, repurchase shares, achieve investment grade ratings and pursue tuck-under M&A. The company said, “After Waco, Graphic Packaging (GPK) has the assets, the capabilities, and the team needed to achieve Vision 2030 financial goals, and to generate cash well in excess of reinvestment needs.”
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Read More on GPK:
- Graphic Packaging cuts FY25 adjusted EPS view to $1.75-$2.25 from $2.53-$2.78
- Graphic Packaging sees continued inflation risk in Q1
- Graphic Packaging reports Q1 adjusted EPS 51c, consensus 58c
- Graphic Packaging announces new $1.5B share repurchase authorization
- GPK Earnings this Week: How Will it Perform?
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