Greif, Inc. reported its fiscal third quarter 2025 results, including key financial metrics and strategic actions.
The company divested its containerboard business for $1.8 billion to Packaging Corporation of America.
Net income decreased by 49.6% to $39.3 million, primarily due to a gain from a divestiture in the previous year.
Net Income Decrease
Net income decreased by 49.6% to $39.3 million in the third quarter of 2025.
Adjusted EBITDA Increase
Adjusted EBITDA increased by 2.4% to $160.7 million compared to the previous year.
Debt Reduction
Total debt decreased by $192.5 million and net debt decreased by $283.5 million.
- Greif divested its containerboard business for $1.8 billion, impacting the financial results for the quarter.
- The company's net income decreased significantly due to a gain recorded in the previous year, affecting earnings per share.
Greif's strategic divestiture and financial results showcase a shift in focus and performance for the company in the third quarter of 2025.