Greif saw a decline in net income due to prior-year divestiture gains, but adjusted earnings and EBITDA grew. Strong free cash flow and debt reduction highlighted disciplined execution amid portfolio changes.
Net income was $39.3M, down from $78M in the prior-year quarter due to divestiture impacts.
Adjusted EPS rose to $1.03 from $0.92 YoY, showing underlying operational strength.
Free cash flow reached $159.1M, with adjusted free cash flow at $170.7M.
Total debt fell to $2.72B, and net debt dropped by $283.5M YoY.
Greif reaffirmed its fiscal 2025 outlook with strong confidence in hitting full-year EBITDA and cash flow targets, supported by cost optimization and divestiture proceeds.
Visualization of income flow from segment revenue to net income
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