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Greif posted a strong Q2 FY25 with a 6.5% increase in net income and 26% growth in adjusted EBITDA. Cost optimization efforts and strategic divestitures contributed to improved free cash flow and reduced leverage.
Net income rose to $47.3 million, up from $44.4 million year-over-year.
Adjusted EPS surged to $1.19, reflecting strong operational execution.
Adjusted free cash flow increased by $50.6 million to $109.6 million.
Total debt reduced by $140.9 million and leverage ratio improved to 3.3x.
Greif raised its low-end fiscal 2025 guidance based on strong Q2 performance and a more favorable price/cost outlook.
Visualization of income flow from segment revenue to net income