财务数据和关键指标变化 - 公司第二季度实现调整后EBITDA 1.7亿美元,自由现金流5900万美元,调整后每股收益0.82美元 [33] - 公司预计全年EBITDA将在6.75亿美元至7.25亿美元之间,较之前指引上调6500万美元 [42] - 公司预计全年自由现金流将达到2亿美元,与之前指引持平 [44] 各条业务线数据和关键指标变化 - 工业包装(GIP)业务销售额同比下降5700万美元,毛利率同比下降1.5个百分点,但较上一季度改善4.4个百分点 [37] - 纸品包装(PPS)业务销售额持平,但毛利率同比下降超过10个百分点,主要受原料成本上涨影响 [39] 各个市场数据和关键指标变化 - 欧洲中东非洲(EMEA)地区需求持续改善,化工和润滑油市场表现强劲 [28][37] - 拉丁美洲(LatAm)需求持平,北美(North America)需求有所改善但仍较弱 [28][29] - 亚太(APAC)地区需求在第二季度出现逆转,主要受中国新年旺季需求低于预期及去库存影响 [28] 公司战略和发展方向及行业竞争 - 公司正在通过收购Ipackchem等交易,成为高性能小型塑料容器和塑料桶的全球领导者,这一领域的可寻址市场超过30亿美元 [22][23][24][26] - 公司正在通过Greif业务系统和以客户为中心的服务利润链模式,提升运营效率和客户服务水平,增强竞争优势 [15][16][17][18] - 公司正在加大可持续发展投入,发布年度可持续发展报告,与客户共同提升可持续性 [19][20] 管理层对经营环境和未来前景的评论 - 管理层认为,尽管短期需求环境仍存在不确定性,但整体经济指标呈现改善趋势,预计未来几个季度需求将继续好转 [30][31] - 管理层表示,公司将密切关注各主要终端市场的需求变化,并迅速调整应对,同时继续推进成本管控和生产效率提升 [31] - 管理层对公司长期发展前景保持乐观,认为通过收购整合、内部改革等措施,公司有望在需求恢复时实现大幅业绩增长 [49][50] 问答环节重要的提问和回答 问题1 **Matt Krueger 提问** 询问公司各业务线和地区的需求变化情况,以及第三季度初期的需求趋势 [58][59][60][61][62] **Ole Rosgaard 回答** 详细说明了各地区和各业务线的需求变化情况,并表示5月份需求整体呈现改善趋势 [59][60][61][62] 问题2 **George Staphos 提问** 询问公司在第三季度初期的需求变化情况,以及未来恢复正常需求水平后的潜在盈利能力 [71][72][76][77][78][79] **Larry Hilsheimer 回答** 表示公司目前的需求趋势处于预测范围的中间水平,并预计在需求恢复后,公司有望实现900多万美元的EBITDA [74][88][89][103] 问题3 **Brian Butler 提问** 询问公司纸品业务价格上涨的具体情况,以及对未来业绩的影响 [100][101][105][106][107][109] **Larry Hilsheimer 回答** 详细解释了公司纸品业务价格上涨的具体情况和预期影响,并提供了相关数据支持 [105][106][107][109][110]

Greif, Inc. (GEF) reported adjusted earnings per share (EPS) of 82 cents in second-quarter fiscal 2024 (ended Apr 30, 2024), which surpassed the Zacks Consensus Estimate of 77 cents. The bottom line fell 54% year over year. Results were impacted by elevated raw material, transportation and manufacturing costs, and higher SG&A expenses, reflecting increased compensation expenses and costs incurred for strategic investments. Including one-time items, EPS was 77 cents in the quarter compared with $1.90 in the ...

Paper Packaging & Services (PPS) Review ▪ Improving Containerboard and URB operating rates ▪ Executing on announced price increases and margin enhancement initiatives to offset rising OCC and other inflationary costs June 6, 2024 P.10 F I S C A L 2 0 2 4 E B I T D A G U I D A N C E ( $ M ) $610 Non-GAAP measures are intended to supplement and should be read together with our financial results. They should not be considered an alternative or subsitiute for, and sho superior to, our reported financial results ...

Shares of Greif have returned -0.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Greif performed in the just reported quarter in terms of the metr ...

Greif (GEF) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 6.49%. A quarter ago, it was expected that this industrial packaging company would post earnings of $0.20 per share when it actually produced earnings of $1.27, delivering a surprise of 535%. The sustainability of the stock ...

For media inquiries, please contact: Bill D'Onofrio VP, Corporate Development & Investor Relations bill.donofrio@greif.com / +1 740-549-6026 The URB price increase is in response to increased raw material, energy, labor, and transportation, as well as increasing demand for our uncoated recycled board (URB) products. About Greif Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces ...

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. (NYSE: GTLS). A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cbe43efa-f98d-4c88-aa78-4fe72f57884e "I am honored to join the Greif Board of D ...

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.52 per share on its Class A Common Stock, and $0.78 per share on its Class B Common Stock. The dividends are payable on July 1, 2024, to stockholders of record at the close of business on June 18, 2024. About Greif Greif is a global leader in industrial packaging products and se ...

DELAWARE, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. (NYSE: GTLS). "We are delighted to welcome Jill to the Greif Board of Directors," said Bruce Edwards, Chairman of the Greif Board of Directors. "Jill brings a wealth of experience in the manufacturing ...

DELAWARE, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, announced today the company has been named to Newsweek's list of the 2024 Top 100 Global Most Loved Workplaces. The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 30 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the cent ...