Greif Q4 2021 Earnings Report
Key Takeaways
Greif reported strong fourth quarter and fiscal year 2021 results, achieving record net sales and profits for the full fiscal year. The company also advanced its financial priorities, increasing its dividend and reaching its targeted leverage ratio range.
Net income of $104.5 million or $1.74 per diluted Class A share compared to net income of $44.4 million or $0.74 per diluted Class A share.
Net income, excluding the impact of adjustments, of $115.4 million or $1.93 per diluted Class A share compared to net income, excluding the impact of adjustments, of $46.4 million or $0.78 per diluted Class A share.
Adjusted EBITDA increased by $56.8 million to $211.3 million.
Total debt decreased by $261.4 million to $2,225.6 million.
Greif
Greif
Greif Revenue by Segment
Forward Guidance
Greif anticipates Class A earnings per share before adjustments of $5.85 - $6.45 and adjusted free cash flow of $400 - $460 million for fiscal year 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income