None
EN
Greif registers growth in fiscal first quarter profit
['Vidhya Edwards Munnangi']
News - Packaging Gateway
Greif has reported a net income of $176.6m, or $3.00 per share, for the fiscal first quarter (Q1) 2026, up from $6.6m, or $0.13 per share, for the same period last year.
In Q1 2026, net sales for its customised polymer solutions division increased to $305.1m from $294.4m in Q1 2025.
During the quarter, net sales for sustainable fibre solutions decreased to $311.9m from $344m in Q1 2025.
For fiscal 2026, Greif provided low-end guidance estimates of adjusted EBITDA at $630m and adjusted free cash flow at $315m.
Our strategy is working, and we are positioned to continue delivering durable earnings and cash flow improvement.”