Raised Full Year Guidance
Greif has raised its full-year guidance for fiscal 2025. Adjusted EBITDA is now expected to be at least $725 million, up from $710 million, and adjusted free cash flow guidance is increased to $280 million from $245 million.
Strong Performance in Polymer Solutions
The Polymer Solutions segment saw year-over-year volume improvements, with small containers and IBC both up. This growth was driven by target end markets including agrochemicals, food and beverage, pharma, and flavors and fragrances.
Cost Optimization Progress
Greif achieved $10 million in run-rate savings toward its full-year commitment of $15 million to $25 million and $100 million total commitment compared to the 2024 baseline.
Awards and Recognition
Greif was named one of Newsweek's Top 100 Most Loved Workplaces for the third consecutive year and received Gallup's Exceptional Workplace Award for the second year in a row.
Adjusted EBITDA Increase
Adjusted EBITDA increased $44 million year-over-year to $214 million, and adjusted EBITDA margin was up 300 basis points to 15.4%.