Sonoco to Increase Paperboard, Tube and Core Prices in EMEA Region

Sonoco (NYSE: SON) will raise prices in its EMEA industrial paper packaging business effective for shipments on or after 15 April 2026.

Rhea-AI Summary

Sonoco (NYSE: SON) will raise prices in its EMEA industrial paper packaging business effective for shipments on or after 15 April 2026. The company will increase uncoated recycled paperboard (URB) by €80 per ton and raise all tube and core product prices by 8%.

Sonoco attributes the move to escalating inflationary pressures across energy, natural gas, fuel, chemicals and additives and says it must pass costs to the market. Sonoco S.a.r.l. operates 19 tubes and core plants and five paperboard mills in Europe.

Positive

• URB prices increased by €80 per ton effective 15 April 2026
• Tube and core prices increased by 8% effective 15 April 2026
• Price action aims to offset rising input costs and protect margins

Negative

• Escalating input costs from energy, gas, fuel, chemicals, additives
• Passing costs to customers may pressure volumes or customer relations

Argus Apr 7 session

-0.22% close to close Open Argus

Details

News Market Reaction – SON

In the Apr 7 session, SON declined 0.22%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement extends Sonoco’s recent pricing actions by adding EMEA increases of 80 Euro per to...

Analysis

This announcement extends Sonoco’s recent pricing actions by adding EMEA increases of 80 Euro per ton on URB and 8% on tubes and cores from April 15, 2026, citing persistent cost inflation. It follows earlier North American hikes and comes on the heels of strong 2025 results and a 2026–2028 plan targeting about $1.5B adjusted EBITDA. Investors may watch upcoming earnings to gauge volume trends, margin performance, and how effectively these price changes offset rising input costs.

Key Figures

URB price increase: 80 Euro per ton Tube/core price hike: 8% Effective date: April 15, 2026 +5 more

URB price increase

80 Euro per ton

Uncoated recycled paperboard in EMEA, effective shipments on/after Apr 15, 2026

Tube/core price hike

8%

All tube and core products in EMEA, effective shipments on/after Apr 15, 2026

Effective date

April 15, 2026

Date from which EMEA price increases apply to shipments

Adjusted EBITDA target

~$1.5 billion

Target adjusted EBITDA by end of 2028 from Investor Day plan

Cash flow from operations

~$2.5 billion

Cumulative 2026–2028 cash flow from operations target

Capex intensity

~4% of sales

Planned capital expenditures as share of sales, 2026–2028 plan

2026 adjusted EPS guidance

$5.80–$6.20

Full-year 2026 adjusted EPS guidance from Feb 16, 2026 earnings

2026 adjusted EBITDA guidance

$1.25–$1.35B

Full-year 2026 adjusted EBITDA guidance from Feb 16, 2026 earnings

Historical Context

5 past events · Latest: Mar 16

5 events

1. Mar 16

   Annual report notice

   24h Move

   -0.1%

   2025 annual report and Q1 2026 earnings and AGM timing details.

2. Mar 06

   Price increases

   24h Move

   -0.7%

   URB and converted paperboard price hikes in U.S. and Canada amid cost inflation.

3. Feb 17

   Investor Day outlook

   24h Move

   +9.8%

   2026–2028 plan targeting higher adjusted EBITDA, margins and cash flow.

4. Feb 16

   Earnings results

   24h Move

   +9.8%

   Strong Q4 and 2025 results with leverage reduction and 2026 guidance.

5. Feb 16

   Reputation recognition

   24h Move

   +9.8%

   FORTUNE ‘Most Admired’ and Newsweek ESG recognition for Sonoco.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

uncoated recycled paperboard

1 terms

uncoated recycled paperboard technical

"it will raise prices by 80 Euro per ton for uncoated recycled paperboard (URB) grades"

A stiff, thick paper product made mostly from previously used paper fibers and left without a glossy or plastic covering; think of a plain cardboard box or cereal carton that isn’t laminated. It matters to investors because it signals lower material costs, easier recycling, and alignment with sustainability rules and consumer preferences, which can affect manufacturing expenses, regulatory risk, brand reputation, and demand for packaging suppliers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BRUSSELS, April 07, 2026 (GLOBE NEWSWIRE) -- Sonoco S.a.r.l., a wholly owned unit of Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, announced today it will raise prices by 80 Euro per ton for uncoated recycled paperboard (URB) grades and 8% on all tube and core products sold by the Company in the EMEA region. 

The increase is necessary and in direct response to the continued escalation of inflationary pressures on the business and will be effective for all shipments made on or after 15^th April 2026.

“We continue to experience further cost increases in all sectors of our operations and supply chain related to rising costs of energy, natural gas, fuel, chemicals and additives across our supplier base. We are forced to pass these cost increases to the market as we are unable to absorb them any further. Supply security and quality remain our primary focus, but we must keep pace with these rising costs,” said Sonoco’s Karsten Kemmerling, Division Vice President, Sales & Marketing, Industrial Paper Packaging, EMEA.

Sonoco S.a.r.l. is wholly owned by Sonoco and operates 19 tubes and core plants and five paperboard mills in Europe.

About Sonoco
Founded in 1899, Sonoco (NYSE: SON) is a global leader in value-added, sustainable metal and paper consumer and industrial packaging. The Company had net sales of $7.5 billion in 2025 and has approximately 22,000 employees working in 265 operations in 37 countries, serving some of the world’s best-known brands. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of the World’s Most Admired Companies by Fortune in 2026 as well as one of America’s Most Admired and Responsible Companies by Fortune and Newsweek and by USA TODAY’s list of America’s Climate Leaders. For more information on the Company, visit our website at www.sonoco.com.

Contact: Roger Schrum
843-339-6018
roger.schrum@sonoco.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What price changes did Sonoco (SON) announce for URB in EMEA on April 7, 2026?

Sonoco announced a direct increase of €80 per ton for uncoated recycled paperboard (URB), effective for shipments on or after 15 April 2026. According to the company, the increase responds to continued inflationary pressures across its supply chain and operations.

How much will Sonoco (SON) raise tube and core prices in the EMEA region and when does it take effect?

Sonoco will raise all tube and core product prices by 8%, effective for shipments on or after 15 April 2026. According to the company, the increase is necessary to address rising costs of energy, natural gas, fuel, chemicals and additives.

Why did Sonoco (SON) say it is increasing EMEA paperboard and tube prices on April 7, 2026?

Sonoco said it is passing through cost increases because it can no longer absorb higher input expenses. According to the company, inflationary pressures across energy, fuel, chemicals and additives forced the price adjustments to maintain supply security and quality.

Which Sonoco (SON) EMEA operations are affected by the April 7, 2026 price increase?

The price changes apply to shipments from Sonoco S.a.r.l., which operates 19 tubes and core plants and five paperboard mills in Europe. According to the company, the adjustments cover uncoated recycled paperboard and all tube and core products in EMEA.

Will the April 15, 2026 price changes at Sonoco (SON) impact shipments made before that date?

No; the announced increases apply only to shipments made on or after 15 April 2026. According to the company, existing shipments prior to that date are not subject to the new URB and tube/core pricing levels.