Greif Class B ( ($GEF.B) ) has released its Q4 earnings. Here is a breakdown of the information Greif Class B presented to its investors.
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Greif, Inc., a global leader in industrial packaging products and services, operates in the manufacturing sector, providing customized polymer, sustainable fiber, durable metal, and integrated solutions. In its latest earnings report, Greif announced significant changes, including the divestment of its containerboard business for $1.8 billion and the completion of its fiscal year ending September 30, 2025. The company reported a decrease in net income for both the two-month fourth quarter and the eleven-month fiscal year, attributed to tax expenses and the impact of discontinued operations. Despite these challenges, Greif achieved a 7.4% increase in adjusted EBITDA for the quarter and a 3.1% increase for the fiscal year, indicating operational resilience. The company also reduced its total debt significantly, improving its leverage ratio. Looking ahead, Greif’s management remains cautiously optimistic, focusing on cost optimization and share repurchase plans to enhance shareholder value, while acknowledging the ongoing industrial contraction and uncertain demand trends in the market.