Record Net Sales Growth
Net sales grew 49% in Q2 2025, driven by the SMP EMEA acquisition, strong volume in the SMP U.S. business, and favorable pricing.
Consumer Packaging Segment Performance
The Consumer Packaging segment achieved a remarkable 115% growth in adjusted EBITDA, with strong volume and price performance, particularly in the metal U.S. business.
Industrial Segment Margin Expansion
Industrial segment adjusted EBITDA margins expanded by 290 basis points to 19%, marking the seventh consecutive quarter of margin improvement.
Successful Divestiture and Leverage Reduction
Completed the divestiture of Thermoformed and Flexible Packaging (TFP), reducing the net leverage ratio to below 3.8x.
Significant Synergy Realization
Projected $40 to $50 million in run rate synergies by the end of the year from SMP EMEA integration, with over $100 million in cost savings through 2026.