Greif registers growth in fiscal first quarter profit
Yahoo Finance·2026-01-29 18:36

Greif has reported a net income of 176.6m,or176.6m, or 3.00 per share, for the fiscal first quarter (Q1) 2026, up from 6.6m,or6.6m, or 0.13 per share, for the same period last year. Excluding adjustments, net income climbed to 26.6m,or26.6m, or 0.48 per share, marking a year-on-year rise of 146.3%. The company cited advancements in managing manufacturing expenses and reductions in selling, general and administrative costs as key factors, recording 65minannualisedcostsavingssofaroutofatargeted65m in annualised cost savings so far out of a targeted 120m. Adjusted ...