Greif, Inc. has completed the sale of its containerboard business to Packaging Corporation of America (PCA).
With the conclusion of the sale Greif is adjusting its annual forecast for 2025. The previous earnings contribution from the containerboard business of USD 168 million EBITDA up to the end of August and the expected USD 50 million in the fourth quarter have been deducted. The adjusted EBITDA for the full year 2025 from continuing operations is now expected to be between USD 507 million and USD 517 million. The forecast for free cash flow remains at USD 290 million to USD 300 million, but without the originally planned cash inflows from the September transactions of the divested division.
Strategic reorientation at Greif
„The completion of this sale is an important step forward for Greif. The transaction enables us to realise stronger and more consistent earnings potential, increase capital efficiency and accelerate deleveraging,“ said Ole Rosgaard, President and CEO of Greif.
Source: Griffin
