Welcome to our dedicated page for Greif news (Ticker: GEF), a resource for investors and traders seeking the latest updates and insights on Greif stock.
Greif, Inc. (NYSE: GEF, GEF.B) regularly issues news and updates as a global leader in industrial and performance packaging. Founded in 1877 and located in 40 countries, the company uses its news releases to describe developments across its Customized Polymer, Sustainable Fiber, Durable Metal and Integrated Solutions areas, as well as broader corporate actions.
Investors and followers of GEF news will see recurring announcements about quarterly and annual earnings results, including details on net income, Adjusted EBITDA, Adjusted free cash flow, net debt and leverage ratio. These earnings releases often discuss performance drivers in each segment, such as volumes, selling prices, product mix, raw material and manufacturing costs, and foreign currency translation impacts.
Greif also uses its news flow to highlight strategic portfolio moves. Recent press releases describe the agreement to divest, and subsequent completion of the sale of, its containerboard business to Packaging Corporation of America, as well as the agreement to sell and completion of the sale of its timberlands business to Molpus Woodlands Group. These items are framed in the context of capital efficiency, return on invested capital, debt reduction and portfolio shaping.
Other GEF news items include declarations of quarterly cash dividends on Class A and Class B shares, updates on cost optimization initiatives, guidance ranges for Adjusted EBITDA and Adjusted free cash flow, and leadership changes such as the appointment of a new Senior Vice President, General Counsel and Corporate Secretary. The company also announces the dates and access details for its earnings conference calls, including slide availability and replay information.
For readers tracking GEF news, this stream of earnings updates, dividend declarations, portfolio transactions and governance developments provides ongoing insight into how Greif manages its industrial and performance packaging business and communicates with shareholders.
Greif (NYSE: GEF), a global industrial packaging leader, announced the permanent closure of its steel and polymer drum facility in Merced, California. The facility, which will cease operations in September 2025, is part of the company's optimization strategy to reduce costs by $100 million.
The closure will impact 43 positions, with the company providing severance packages and career placement services to affected employees. Customer orders will be redirected through Greif's remaining global steel and polymer network. CEO Ole Rosgaard emphasized this as a strategic move to strengthen the company's market focus and enhance its existing steel network performance.
Greif (NYSE: GEF), a global industrial packaging leader, has initiated its first Virtual Power Purchase Agreement (VPPA) in Europe through a partnership with Enel X Global Retail and Enel Green Power España. The 12-year agreement, which commenced on July 1, 2025, involves the purchase of 100 GWh of renewable energy annually from solar farms in Castilla y Léon, Spain.
This strategic initiative will help Greif offset 65% of its Scope 2 emissions in Europe and 3% of its combined Scope 1 and 2 emissions globally. The VPPA represents a significant step in Greif's sustainability strategy, focusing on reducing greenhouse gas emissions and operational waste.
Greif, Inc. (NYSE: GEF) has announced a significant strategic move to sell its Containerboard business, including the CorrChoice sheet feeder network, to Packaging Corporation of America for $1.8 billion in an all-cash transaction. The deal is expected to close by the end of Greif's fiscal year 2025, subject to regulatory approvals.
The company plans to use the cash proceeds for debt repayment, which will result in a pro-forma leverage ratio below 2.0x post-closing. This ratio is expected to decrease further following the previously announced planned divestiture of Greif's timberland business. The strategic decision aligns with Greif's Build to Last strategy, aimed at portfolio optimization and enhanced capital efficiency.
Goldman Sachs served as the exclusive financial advisor for the transaction. The company has scheduled a conference call and webcast for July 1st, 2025, at 8:30 AM Eastern to discuss the divestment rationale and its impact on proforma business operations.
Greif (NYSE: GEF), a global leader in industrial packaging products and services, has been named to Newsweek's 2025 Top 100 Global Most Loved Workplaces® list. This marks the company's third consecutive year (2023-2025) receiving this recognition, which is certified by the Best Practice Institute (BPI). The certification evaluates factors including employee satisfaction, workplace culture, and overall sentiment.
CEO Ole Rosgaard emphasized the company's culture of caring for colleagues and operating with safety, respect, and integrity. Executive VP and CHRO Bala V. Sathyanarayanan highlighted Greif's commitment to creating an inclusive environment where employees feel supported and inspired.
Greif (NYSE: GEF), a global industrial packaging leader, has received the Supplier Innovation Award from the United States Postal Service (USPS) for developing a custom double-walled corrugated pallet box to replace traditional USPS bulk containers. The innovative solution, manufactured with renewable and recyclable materials, is lighter in weight and expected to generate significant cost savings for USPS and taxpayers.
The USPS selected Greif based on its extensive geographic coverage, reliable delivery, product quality, and cost-saving initiatives. The company's integrated operations span multiple U.S. facilities, including mills in Riverville, VA, and Massillon, OH, along with corrugated operations in Louisville, KY, Dallas, TX, and Greensboro and Concord, NC.
Greif Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, has scheduled its 2025 second quarter earnings release for Wednesday, June 4, 2025, after market close. The company will host a conference call to discuss the results on Thursday, June 5, 2025, at 8:30 a.m. ET.
The earnings presentation will include management's prepared remarks and a Q&A session. Conference call slides will be provided alongside the earnings release. Participants must register online to receive dial-in details and a unique conference code. Phone lines will open at 8:00 a.m. ET on June 5. A digital replay will be available on Greif's investor relations website two hours after the call.
Greif (NYSE: GEF) announced the permanent closure of its Los Angeles paperboard mill as part of its optimization strategy. The facility, which will cease operations in June 2025, currently produces both coated recycled paperboard (CRB) and uncoated recycled paperboard (URB). The closure will remove 50,000 tons of CRB and 22,000 tons of URB capacity from the market, ending Greif's coated paperboard production on the West Coast. The decision will impact approximately 72 positions, with the company providing severance benefits and career transition resources to affected employees. The closure decision was attributed to increased costs and limited integration opportunities.
Greif (NYSE: GEF), a global leader in industrial packaging products and services, has achieved significant recognition at the 2025 American Business Awards®. The company secured two prestigious Stevie® Awards: a Gold Stevie Award for CEO Ole Rosgaard in Achievement in Management – Manufacturing, and a Silver Stevie Award for Company of the Year in Large Manufacturing.
The awards were selected from over 3,600 nominations across various industries, with more than 250 global professionals participating in the judging process. The ceremony will take place at the Marriott Marquis Hotel in New York on June 10. Judges praised Greif's holistic approach to industrial packaging, highlighting their integration of sustainability, innovation, and culture.