Greif Completes Sale of Containerboard Business
Greif (NYSE: GEF) has completed the sale of its containerboard business to Packaging Corporation of America. The strategic divestment is expected to enhance the company's earnings consistency and capital efficiency while accelerating debt reduction.
Following the transaction, Greif has revised its fiscal year 2025 guidance, excluding $168 million of year-to-date Adjusted EBITDA and $50 million implied Q4 performance from the containerboard business. The updated guidance for continuing operations projects Adjusted EBITDA of $507-517 million and Adjusted Free Cash Flow of $290-300 million, reflecting a $15 million adjustment due to the discontinued containerboard operations.
Greif (NYSE: GEF) ha completato la cessione del suo ramo containerboard a Packaging Corporation of America. Questa dismissione strategica dovrebbe migliorare la costanza degli utili dell'azienda e l'efficienza del capitale, oltre ad accelerare la riduzione del debito.
A seguito dell'operazione, Greif ha rivisto le sue previsioni per l'esercizio 2025, escludendo i 168 milioni di dollari di Adjusted EBITDA accumulati nell'anno e i 50 milioni di dollari di performance implicita per il quarto trimestre riferiti al business containerboard. Le nuove stime per le operazioni continuative prevedono un Adjusted EBITDA di 507-517 milioni di dollari e un Adjusted Free Cash Flow di 290-300 milioni di dollari, con un aggiustamento di 15 milioni di dollari dovuto alla discontinuazione delle attività containerboard.
Greif (NYSE: GEF) ha completado la venta de su negocio de containerboard a Packaging Corporation of America. Esta desinversión estratégica se espera que mejore la consistencia de los resultados y la eficiencia del capital, y acelere la reducción de la deuda.
Tras la operación, Greif ha revisado su guía para el año fiscal 2025, excluyendo 168 millones de dólares de Adjusted EBITDA acumulados en el año y 50 millones de dólares de rendimiento implícito en el cuarto trimestre correspondientes al negocio de containerboard. La guía actualizada para las operaciones continuas proyecta un Adjusted EBITDA de 507-517 millones de dólares y un Adjusted Free Cash Flow de 290-300 millones de dólares, reflejando un ajuste de 15 millones de dólares debido a la discontinuación de las operaciones de containerboard.
Greif (NYSE: GEF)는 자사의 컨테이너보드(containerboard) 사업부를 Packaging Corporation of America에 매각을 완료했습니다. 이번 전략적 매각은 회사의 수익 안정성 및 자본 효율성을 높이고 부채 축소를 가속화할 것으로 기대됩니다.
거래에 따라 Greif는 2025 회계연도 가이던스를 수정했으며, 연초 이후의 조정 EBITDA 1억 6,800만 달러와 컨테이너보드 사업에 해당하는 4분기 추정 실적 5,000만 달러를 제외했습니다. 계속 영업을 위한 업데이트된 가이던스는 조정 EBITDA 5.07억–5.17억 달러와 조정 잉여현금흐름(Adjusted Free Cash Flow) 2.90억–3.00억 달러를 제시하며, 이는 컨테이너보드 중단으로 인한 1,500만 달러의 조정을 반영한 것입니다.
Greif (NYSE: GEF) a finalisé la vente de son activité containerboard à Packaging Corporation of America. Cette cession stratégique devrait renforcer la stabilité des résultats et l'efficacité du capital de la société, tout en accélérant la réduction de sa dette.
Suite à la transaction, Greif a révisé ses prévisions pour l'exercice 2025, en excluant 168 millions de dollars d'Adjusted EBITDA cumulés à date et 50 millions de dollars de performance implicite pour le quatrième trimestre liés à l'activité containerboard. Les prévisions mises à jour pour les activités poursuivies projettent un Adjusted EBITDA de 507–517 millions de dollars et un Adjusted Free Cash Flow de 290–300 millions de dollars, reflétant un ajustement de 15 millions de dollars dû à l'arrêt des activités containerboard.
Greif (NYSE: GEF) hat den Verkauf seines Containerboard-Geschäfts an Packaging Corporation of America abgeschlossen. Diese strategische Desinvestition soll die Ergebnisstabilität und Kapitaleffizienz des Unternehmens verbessern und die Schuldenreduzierung beschleunigen.
Nach der Transaktion hat Greif seine Prognose für das Geschäftsjahr 2025 angepasst und dabei 168 Mio. USD an Adjusted EBITDA bisher im Jahr sowie 50 Mio. USD implizite Q4-Leistung des Containerboard-Geschäfts ausgeschlossen. Die aktualisierte Prognose für die fortgeführten Aktivitäten sieht ein Adjusted EBITDA von 507–517 Mio. USD und ein Adjusted Free Cash Flow von 290–300 Mio. USD vor, was eine Anpassung von 15 Mio. USD aufgrund der eingestellten Containerboard-Aktivitäten widerspiegelt.
- Strategic divestment to enhance earnings consistency and capital efficiency
- Immediate value creation for shareholders through the sale
- Accelerated debt reduction opportunity from transaction proceeds
- Loss of $218M in annual EBITDA contribution from containerboard business
- Reduction in free cash flow guidance by $15M
- Decreased operational scale and revenue diversification
DELAWARE, Ohio, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in performance packaging and services, announced today it has completed the previously announced sale of its containerboard business to Packaging Corporation of America.
“The closing of this sale marks an important step forward for Greif. This transaction unlocks immediate value for our shareholders and allows Greif to deliver stronger and more consistent earnings power, enhances our capital efficiency, and accelerates debt reduction.” said Ole Rosgaard, President and CEO of Greif.
As a result of this divestment, Greif is also adjusting its 2025 full-year guidance to exclude the previously disclosed
Goldman Sachs acted as exclusive financial advisor to Greif on the transaction.
About Greif
Founded in 1877, Greif is a global leader in performance packaging located in 40 countries. The company delivers trusted, innovative, and tailored solutions that support some of the world’s most demanding and fastest-growing industries. With a commitment to legendary customer service, operational excellence, and global sustainability, Greif packages life’s essentials – and creates lasting value for its colleagues, customers, and other stakeholders. Learn more about the company’s Customized Polymer, Sustainable Fiber, Durable Metal, and Integrated Solutions at www.greif.com and follow Greif on Instagram and LinkedIn.
Concerning Forward-Looking Statements
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Investor Relations Contact
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VP, Investor Relations & Corporate Development
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