DELAWARE, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has sold Delta Petroleum Company, Inc. (“Delta”), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transact ...

DELAWARE, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced it has sold Delta Petroleum Company, Inc. ("Delta"), a North American filling and logistics services business, to PSC Group LLC, a North American leader in product handling, site logistics, railcar repair, and sustainability services for the petrochemical, refining, and marine industries. "We are happy to have worked with the PSC Group in a transact ...

DELAWARE, Ohio, July 31, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, announced today it will report the company's 2024 third quarter financial results after the market closes on Wednesday, August 28, 2024. A conference call will be held on Thursday, August 29, 2024, at 8:30 a.m. ET to discuss the quarter results. Greif will provide conference call slides in combination with its third quarter earnings press release. The conference c ...

DELAWARE, Ohio, July 24, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a global leader in industrial packaging products and services, today formally announced that it will host an Investor Day in New York City on Wednesday, December 11, 2024. Ole Rosgaard, President and Chief Executive Officer and Larry Hilsheimer, Executive Vice President and Chief Financial Officer, alongside the Greif Executive Leadership Team will provide an in-depth review of the Company's Build to Last strategy, which crea ...

Greif (GEF) failed to impress investors with its second-quarter fiscal 2024 earnings results reported on Jun 5, 2024. Despite a 4% improvement in sales and return to volume growth, the company witnessed a 54% plunge in earnings due to elevated raw material, transportation and manufacturing costs, and higher SG&A expenses. Due to this performance, the company’s shares have lost 7% in the past month compared with the industry’s 1.5% decline. Image Source: Zacks Investment Research The Zacks Rank #3 (Hold) com ...

DELAWARE, Ohio, June 11, 2024 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE:GEF, GEF.B))), a world leader in industrial packaging products and services, announced today it is implementing a minimum 6.0 percent increase on all tube and core and protective packaging products. The tube and core and protective packaging increase is effective with shipments on and after July 15, 2024. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material c ...

Have you assessed how the international operations of Greif (GEF) performed in the quarter ended April 2024? For this industrial packaging company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. For inv ...

Exhibit 99.1 Greif Reports Fiscal Second Quarter 2024 Results DELAWARE, Ohio (June 5, 2024) – Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal second quarter 2024 results. Fiscal Second Quarter 2024 Financial Highlights: (all results compared to the second quarter of 2023 unless otherwise noted) • Net income decreased 60.1% to $44.4 million or $0.77 per diluted Class A share compared to net income of $111.2 million or $1.90 per diluted Cla ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended April 30, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 Commission File Number 001-00566 GREIF, INC. (Exact name of registrant as specified in its charter) Delaware 31-4388903 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer ...

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]