Greif Raises FY25 Outlook Following Strong Q2 Results

Reported 1 day ago

Greif has updated its fiscal year 2025 guidance, anticipating adjusted EBITDA to reach at least $725 million due to a strong performance in Q2, where net income rose to $47.3 million, an increase from the previous year. The company also reported slight increases in sales and gross profit, while reducing its total debt significantly. CEO Ole Rosgaard emphasized the firm's strategic progress and operational discipline, positioning Greif for future success.

Source: YAHOO

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