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Mar 29

Berry Plastics Q2 2025 Earnings Report

Reported second quarter 2025 earnings results, with net sales of $2.5 billion and GAAP earnings per share of $1.64.

Key Takeaways

Berry Global Group delivered a solid second quarter result, with net sales and operating EBITDA in line with expectations. The company achieved 2% organic volume growth, driven by positive volumes across all three segments. Strategic portfolio activities, including the sale of the Tapes business and the pending merger with Amcor, were also highlighted.

Net sales were $2.520 billion, similar to the prior year quarter.

GAAP diluted EPS was $1.64, compared to $0.80 in the prior year quarter.

Adjusted diluted EPS was $1.55, up 4% from $1.49 in the prior year quarter.

Operating EBITDA was $436 million, a 2% increase from $427 million in the prior year quarter.

Total Revenue
$2.52B
Previous year: $3.08B
-18.1%
EPS
$1.55
Previous year: $1.95
-20.5%
Operating EBITDA
$436M
Previous year: $427M
+2.1%
Gross Profit
$458M
Previous year: $508M
-9.8%
Cash and Equivalents
$483M
Previous year: $494M
-2.2%
Free Cash Flow
$34M
Previous year: -$333M
-110.2%
Total Assets
$12.9B
Previous year: $16B
-19.4%

Berry Plastics

Berry Plastics

Berry Plastics Revenue by Segment

Forward Guidance

Due to the pending transaction with Amcor plc, the Company will not host a quarterly conference call and did not provide specific forward guidance figures in this release. The forward-looking statements section primarily discusses risks related to the Amcor transaction and general business risks.

Challenges Ahead

  • Risks associated with substantial indebtedness and debt service.
  • Changes in prices and availability of resin and other raw materials.
  • Risks related to acquisitions or divestitures and integration of acquired businesses.
  • Risks related to international business, including currency and compliance.
  • Risks related to disruptions in the overall global economy, inflation, and supply chain.

Revenue & Expenses

Visualization of income flow from segment revenue to net income