EarningsPKG remains well on track to deliver double-digit profit growth on above-industry volume growth, best in class returns, and net leverage well below the peer group average.
Operational EfficiencyThe Glendale, AZ box plant started up ahead of schedule and below budget, which will allow PKG to better serve the market as it was capacity constrained.
Strategic InitiativesPKG is moving forward with its capital projects and reiterated its capex guidance for 2025, with expectations that capex will decrease in 2026, driving free cash flow growth.