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. reports developments in global industrial and performance packaging, including quarterly results, product pricing, dividends and portfolio changes. The company operates packaging businesses organized around Customized Polymer, Sustainable Fiber, Durable Metal and Innovative Closure Solutions, with products and services that include drums, intermediate bulk containers, recycled paperboard, tubes and cores, protective packaging, closures, accessories and related packaging services.
Recurring Greif news also covers Class A and Class B common stock dividends, earnings conference calls, segment presentation changes and the completed divestiture of the containerboard business, including the CorrChoice sheet feeder system, which is treated as discontinued operations in company reporting.
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.
Greif (NYSE: GEF) has announced significant price increases across multiple product lines. The company will implement a $50-$70 per short ton price increase for all grades of uncoated recycled paperboard (URB) products, effective April 21, 2025. Additionally, a minimum 7.5% price increase will be applied to all tube and core and protective packaging products, effective April 28, 2025.
The company attributes these price adjustments to rising manufacturing costs for URB products. The subsequent increase in tube and core and protective packaging prices is directly linked to URB being the primary raw material in these products.
Greif (NYSE: GEF) has been awarded the Gallup Exceptional Workplace Award (GEWA) for the second consecutive year, recognizing its excellence in workplace engagement. The award acknowledges Greif's success in creating a best-in-class workplace environment among its 14,000 global colleagues.
This recognition is based on Gallup's comprehensive workplace analysis, which studied over 3.3 million employees across 347 organizations in 53 industries and 90 countries. The study confirms that highly engaged organizations demonstrate superior performance in key areas including customer ratings, profitability, productivity, safety, and organizational citizenship.
Ole Rosgaard, President and CEO, highlighted the company's commitment to balancing people and performance, while Executive VP and CHRO Bala V. Sathyanarayanan emphasized how colleague engagement enhances safety, customer service, and financial performance.
Greif (NYSE: GEF) reported fiscal Q1 2025 results showing mixed performance. Net income fell 87.2% to $8.6 million ($0.15 per Class A share), largely due to a non-recurring tax benefit in the prior year. Adjusted EBITDA increased 5.9% to $145.1 million.
Key financial metrics include: net cash from operations decreased by $35.3 million to a use of $30.8 million; total debt increased by $548.4 million to $2,840.2 million following the Ipackchem acquisition; and the leverage ratio rose to 3.63x from 2.46x.
Strategic initiatives include: plans to divest approximately 176,000 acres of timberland in the Southeastern US for debt reduction; closure of facilities in Austell, GA and Fitchburg, MA; and progress on cost optimization with $13.0 million in annual run-rate savings achieved.
Greif (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, has announced its quarterly dividend declaration. The company's Board of Directors has declared a quarterly cash dividend of $0.54 per share for Class A Common Stock and $0.81 per share for Class B Common Stock. These dividends will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.
The company operates globally with over 14,000 employees across more than 250 facilities in 37 countries. Greif's product portfolio includes steel, plastic and fiber drums, intermediate bulk containers, reconditioned containers, containerboard, corrugated products, uncoated and coated recycled paperboard, and specialty products. They also manage timber properties in the southeastern United States.