View ValuationGreif 향후 성장Future 기준 점검 1/6Greif은 연간 수입과 매출이 각각 7.2%와 1.5% 증가할 것으로 예상되고 EPS는 연간 8.4%만큼 증가할 것으로 예상됩니다.핵심 정보7.2%이익 성장률8.38%EPS 성장률Packaging 이익 성장34.0%매출 성장률1.5%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트01 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Apr 07Greif, Inc. to Report Q2, 2026 Results on Apr 28, 2026Greif, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026공지 • Feb 24+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividend on Its Class A Common Stock, Payable on April 1, 2026Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.56 per share on its Class A Common Stock. Dividends are payable on April 1, 2026, to stockholders of record at the close of business on March 16, 2026.공지 • Jan 12Greif, Inc., Annual General Meeting, Feb 23, 2026Greif, Inc., Annual General Meeting, Feb 23, 2026.공지 • Jan 05Greif, Inc. to Report Q1, 2026 Results on Jan 27, 2026Greif, Inc. announced that they will report Q1, 2026 results After-Market on Jan 27, 2026공지 • Dec 10+ 1 more updateGreif, Inc. Declares Quarterly Dividend, Payable on January 1, 2026Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.56 per share on its Class A Common Stock, Dividends are payable on January 1, 2026, to stockholders of record at the close of business on December 18, 2025.공지 • Oct 01Greif, Inc. to Report Q4, 2025 Results on Nov 05, 2025Greif, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025공지 • Aug 27+ 1 more updateGreif, Inc. Announces Management ChangesGreif, Inc. announced the upcoming retirement of Gary Martz, Executive Vice President, General Counsel and Corporate Secretary, after more than two decades of leadership and service. Mr. Martz will retire from Greif on November 30, concluding a distinguished career that shaped the very legal and operational foundations of the company. Mr. Martz joined Greif in 2002 as the company’s first in-house counsel and went on to build a global function responsible for corporate governance, compliance, mergers and acquisitions, joint ventures, litigation, the company’s Global Real Estate Services, and other matters. Martz’s work has been integral to the company’s success, with his counsel critical in shaping Greif’s strategic growth and operational resilience over the years. In addition to his legal responsibilities, Mr. Martz has held numerous operational and leadership roles at Greif, including President of the Land Management business, interim Chief Administrative Officer for Finance, and Chief Human Resources Officer. His versatility and commitment to Greif’s core values have earned him the respect and admiration of colleagues across the organization. Prior to joining Greif, Mr. Martz was a partner at Baker & Hostetler LLP in Cleveland, Ohio, where he built a successful legal practice focused on corporate and commercial law. He earned his Juris Doctor from The Ohio State University Michael E. Moritz College of Law and holds a bachelor’s degree from the University of Toledo. Dennis Hoffman will assume the role of Senior Vice President, General Counsel and Secretary, effective October 1. Mr. Hoffman, who currently serves as Vice President and Deputy General Counsel for Greif, brings extensive experience in corporate law, governance, mergers and acquisitions, joint ventures, and environmental compliance, among other matters, and has worked closely with Gary over the last 15 years. His deep institutional knowledge, business-focused approach, and unwavering commitment to Greif’s values position him ideally to lead the company’s legal function into its next chapter.공지 • Aug 08Molpus Woodlands Group, LLC entered into a definitive agreement to acquire Soterra Land Management Business of Greif, Inc. (NYSE:GEF) for approximately $460 million.Molpus Woodlands Group, LLC entered into a definitive agreement to acquire Soterra Land Management Business of Greif, Inc. (NYSE:GEF) for approximately $460 million on August 5, 2025. The purchase price is subject to certain adjustments. The deal subject to an examination and verification of title to the parcels being sold and the receipt of certain third party consents, approval required under the HSR Act and customary closing conditions. The transaction is expected to close September 15, 2025 or another date mutually agreed upon by the Parties. Cash proceeds from the sale will be allocated to debt repayment. Perella Weinberg Partners LP served as financial advisor and Gee Ogletree and Alex Bondurant of Adams and Reese LLP served as legal advisor to Greif, Inc. (NYSE:GEF). Trent Jernigan of Womble Bond Dickinson served as legal advisor to Molpus Woodlands Group.공지 • Aug 04Greif, Inc. to Report Q3, 2025 Results on Aug 27, 2025Greif, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 27, 2025공지 • Aug 01Greif to Close Steel and Polymer Facility in Merced, CaliforniaGreif announced it will permanently close the steel and polymer drum facility in Merced, California as part of its previously announced optimization efforts. The facility is expected to cease operation in September 2025. The decision to close the facility, which produces both steel drums and large and small polymer containers, is an important part of delivering on the company’s commitment to remove $100 million in cost from the business. After September, customer orders will be fulfilled through the company’s remaining global steel and polymer network. In total, approximately 43 positions will be impacted.공지 • Jul 02Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion.Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion on June 30, 2025. A cash consideration of $1.8 billion will be paid by Packaging Corporation America. As part of acquisition of The Greif containerboard business includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States. The transaction will be financed through equity investment of $20 million and senior debt of $1.5 billion. For the period ending April 30, 2025, Containerboard business of Greif, Inc reported total revenue of $1.2 billion and EBITDA of $212 million. The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. The expected to close in the third quarter of 2025. BofA Securities, Inc. acted as financial advisor for Greif, Inc. The Goldman Sachs Group, Inc. acted as financial advisor for Packaging Corporation of America. Stephen Besen,Daniel Litowitz and Lara Aryani of Allen & Overy LLP acted as legal advisor to Greif, Inc and Paul M. Crimmins and Michael Serafini of Mayer Brown LLP acted as legal advisor to Packaging Corporation of America.공지 • Jun 03Greif, Inc. Declares Quarterly Dividend on Class A Common Stock and Class B Common Stock, Payable on July 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock. Dividends are payable on July 1, 2025, to stockholders of record at the close of business on June 17, 2025.공지 • May 05Greif, Inc. to Report Q2, 2025 Results on Jun 04, 2025Greif, Inc. announced that they will report Q2, 2025 results After-Market on Jun 04, 2025공지 • May 01Greif to Close Los Angeles Paperboard MillGreif, Inc. announced it will permanently close the paperboard mill in Los Angeles, California as part of its previously announced optimization efforts. The Los Angeles mill is expected to cease operation in June 2025. The mill, which produces both coated recycled paperboard (CRB) and uncoated recycled paperboard (URB) is expected to remove 50,000 tons of CRB and 22,000 tons of URB capacity from the market and will end Greif’s coated paperboard production on the West Coast. In total, approximately 72 positions will be impacted. Closing the Los Angeles Mill is a result of increased costs and limited integration opportunities.공지 • Feb 25+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Its Class B Common Stock, Payable on April 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividend of $0.81 per share on its Class B Common Stock. Dividend is payable on April 1, 2025, to stockholders of record at the close of business on March 17, 2025.공지 • Jan 31Greif, Inc. to Report Q1, 2025 Results on Feb 26, 2025Greif, Inc. announced that they will report Q1, 2025 results After-Market on Feb 26, 2025공지 • Jan 29Greif Announces to Permanently Cease Production on the Number 1 Paperboard Machine in Austell, Ga and Permanently Close the Containerboard and Uncoated Recycled Paperboard Mill in Fitchburg, MAGreif announced it will permanently cease production on the Number 1 Paperboard Machine (A1) in Austell, GA and permanently close the containerboard and uncoated recycled paperboard (URB) mill in Fitchburg, MA. In total, approximately 140 positions will be impacted. Ceasing production at A1 – a non-integrated URB asset for the company - is a result of increased cost and declining demand in its major end use markets of furniture, books, and binders. The combination of high operating costs and the need for significant capital investment were the determining factors in the decision to close the Fitchburg mill. Together, these actions will reduce the containerboard capacity of Greif’s mill network by 100,000 tons, and URB capacity by 90,000 tons.공지 • Jan 13Greif, Inc., Annual General Meeting, Feb 24, 2025Greif, Inc., Annual General Meeting, Feb 24, 2025.공지 • Dec 10Greif, Inc. Launches New Modular Packaging SolutionGreif, Inc. announced at the Pack-Expo conference in Chicago the launch of ModCan™?, an innovative modular packaging solution designed to improve efficiency and safety in shipping and storing dissimilar materials and waste. Using a unique wedge-shaped design, the modular components are engineered to fit precisely into a Greif 55-gallon drum, allowing multiple materials, chemicals, or waste components to be shipped together without fear of contamination or exposure. By optimizing the available space inside a single drum, ModCan reduces the number of shipments required and improves safety by eliminating the need to transfer or consolidate materials into larger containers. This is particularly useful for waste applications in specialty manufacturing, semiconductor operations, clean rooms, laboratories, and pharmaceutical production.공지 • Dec 04Greif, Inc. Declares Quarterly Dividend on Class A Common Stock, Payable on January 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.80 per share on its Class B Common Stock. Dividends are payable on January 1, 2025, to stockholders of record at the close of business on December 16, 2024.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €66.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Packaging industry in Europe. Total returns to shareholders of 16% over the past three years.공지 • Oct 31Greif, Inc. to Report Q4, 2024 Results on Dec 04, 2024Greif, Inc. announced that they will report Q4, 2024 results on Dec 04, 2024공지 • Oct 04Greif, Inc. Announces Vicki Avril-Groves Retires from Board of Directors, Effective November 1, 2024Greif, Inc. announced that Vicki Avril-Groves will be retiring from the Board of Directors, effective November 1, 2024, due to personal reasons. She joined the Board in 2004 and has served on a variety of Board committees, including the Audit Committee as Chairperson for several years.Declared Dividend • Sep 02Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 16th September 2024 Payment date: 1st October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (9% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 1.7% over the next 2 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 30Third quarter 2024 earnings released: EPS: US$1.85 (vs US$1.93 in 3Q 2023)Third quarter 2024 results: EPS: US$1.85 (down from US$1.93 in 3Q 2023). Revenue: US$1.45b (up 9.3% from 3Q 2023). Net income: US$87.1m (down 3.5% from 3Q 2023). Profit margin: 6.0% (down from 6.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.공지 • Aug 28Greif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2024Greif, Inc. announced that its board of directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock. Dividends are payable on October 1, 2024, to stockholders of record at the close of business on September 16, 2024.공지 • Aug 27Greif, Inc. Elects Andy Rose to Its Board of DirectorsGreif, Inc. announced that Andy Rose, President and CEO of Worthington Enterprises, has been elected to its Board of Directors. Mr. Rose has over 30 years of experience in the manufacturing, distribution, and financial services industries. He joined Worthington Industries in 2008 as Chief Financial Officer before being named President and CEO in 2020. Prior to joining Worthington Industries, Andy worked at MCG Capital Corporation, Peachtree Equity Partners, and Wachovia Capital Associates. He started his career at J.P. Morgan & Co. in global cash management. Mr. Rose earned his MBA from the Fuqua School of Business at Duke University and his bachelor's degree in business administration from the University of North Carolina. He is a native of Columbus, Ohio, and currently serves on the board of directors of OhioHealth and previously served on the boards of White Castle® and Rev1 Ventures. He is also a member of The Ohio Business Roundtable and the Columbus Partnership.공지 • Aug 02PSC Group LLC acquired Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF).PSC Group LLC acquired Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF) on August 1, 2024. Upon completion of the transaction, Delta will be owned by PSC, and will cease to be a subsidiary of Greif, Inc. All employees of Delta Petroleum Company join PSC. Funds from this sale will be used to accelerate strategic vision of Greif. PSC Group LLC completed the acquisition of Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF) on August 1, 2024.공지 • Jul 31Greif, Inc. to Report Q3, 2024 Results on Aug 28, 2024Greif, Inc. announced that they will report Q3, 2024 results After-Market on Aug 28, 2024Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jill Evanko was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Jun 10Second quarter dividend of US$0.52 announcedShareholders will receive a dividend of US$0.52. Ex-date: 18th June 2024 Payment date: 1st July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.2% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.New Risk • Jun 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Significant insider selling over the past 3 months (€3.7m sold).Reported Earnings • Jun 07Second quarter 2024 earnings released: EPS: US$0.94 (vs US$2.35 in 2Q 2023)Second quarter 2024 results: EPS: US$0.94 (down from US$2.35 in 2Q 2023). Revenue: US$1.37b (up 4.7% from 2Q 2023). Net income: US$44.4m (down 60% from 2Q 2023). Profit margin: 3.2% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.공지 • Jun 05+ 1 more updateJillian Evanko Joins Greif, Inc.'s Board of DirectorsGreif, Inc. announced that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. Ms. Evanko has more than 25 years of experience in the manufacturing and industrial sectors. Prior to joining Chart in 2017, she held multiple operational and financial executive positions at Dover Corporation and its subsidiaries. Ms. Evanko also held financial and operational roles at Arthur Andersen LLP, Honeywell Corporation, and Sony Corporation. Ms. Evanko holds a Master of Business Administration (MBA) from The University of Notre Dame and a Bachelor of Science in Business Administration from La Salle University. She has been recognized for her leadership and achievements with numerous awards, including the 2023 EY Entrepreneur of the Year Southeastern Finalist, 2020 ExxonMobil Power Play Rainmaker award, the 2020 S&P Global Platts Energy Award for Chief Trailblazer, and the World LNG Executive of the Year 2020.공지 • May 01Greif, Inc. to Report Q2, 2024 Results on Jun 05, 2024Greif, Inc. announced that they will report Q2, 2024 results After-Market on Jun 05, 2024Recent Insider Transactions • Apr 05Executive VP recently sold €2.9m worth of stockOn the 1st of April, Gary Martz sold around 45k shares on-market at roughly €63.74 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months.공지 • Mar 27Greif, Inc. (NYSE:GEF) completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders.Greif, Inc. (NYSE:GEF) agreed to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for approximately $540 million on October 31, 2023. Greif, Inc. entered into a definitive sale and purchase agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders on November 17, 2023. The transaction is an all-cash consideration. The purchase price is subject to certain adjustments. The planned transaction would be funded through available capacity in Greif’s existing credit facilities. For the last twelve months ended September 30, 2023, Ipackchem generated sales of approximately $235 million and adjusted EBITDA of approximately $57 million. Ipackchem team will join Greif. The acquisition is subject to the satisfaction or waiver of certain conditions, including, among other matters, receipt of certain government and regulatory approvals in France, South Africa and Brazil, as well as Ipackchem’s disposition of certain immaterial assets and expected to close by the end of the second quarter of Greif’s 2024 fiscal year.Celedonio Moncayo, Willem Enthoven, Willem Enthoven, Peter Zdebski and Carlos Penim of Stifel Financial Corp. (NYSE:SF) acted as financial advisor and Stephen Besen, Hugh Hollman, Brian Price and Jill Ge of Allen & Overy LLP, Trilegal and Pinheiro Neto Advogados acted as legal advisor to Greif. Goldman Sachs & Co. LLC acted as financial advisor to SK Capital Partners and other shareholders of Ipackchem, with William Blair and Company acting as co-advisor. Kirkland & Ellis LLP acted as legal advisor to SK Capital Partners.Greif, Inc. (NYSE:GEF) completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders on March 26, 2024.Recent Insider Transactions • Mar 10Executive VP & CFO recently sold €2.7m worth of stockOn the 5th of March, Lawrence Hilsheimer sold around 47k shares on-market at roughly €57.84 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lawrence has been a net seller over the last 12 months, reducing personal holdings by €3.8m.Upcoming Dividend • Mar 08Upcoming dividend of US$0.52 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.7%).Reported Earnings • Feb 29First quarter 2024 earnings released: EPS: US$1.44 (vs US$1.90 in 1Q 2023)First quarter 2024 results: EPS: US$1.44 (down from US$1.90 in 1Q 2023). Revenue: US$1.21b (down 5.1% from 1Q 2023). Net income: US$67.2m (down 25% from 1Q 2023). Profit margin: 5.6% (down from 7.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공지 • Feb 27+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Class B Common Stock, Payable on April 1, 2024Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.78 per share on its Class B Common Stock. The dividends are payable on April 1, 2024, to stockholders of record at the close of business on March 18, 2024.공지 • Feb 06Greif, Inc. to Report Q1, 2024 Results on Feb 28, 2024Greif, Inc. announced that they will report Q1, 2024 results After-Market on Feb 28, 2024Reported Earnings • Dec 07Full year 2023 earnings released: EPS: US$7.63 (vs US$7.81 in FY 2022)Full year 2023 results: EPS: US$7.63 (down from US$7.81 in FY 2022). Revenue: US$5.22b (down 18% from FY 2022). Net income: US$359.2m (down 4.6% from FY 2022). Profit margin: 6.9% (up from 5.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.공지 • Dec 06+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Its Class B Common Stock, Payable on January 1, 2024Greif, Inc. announced that its board of directors has declared quarterly cash dividends of $0.77 per share on its Class B Common Stock. The dividend is payable on January 1, 2024, to stockholders of record at the close of business on December 18, 2023.공지 • Nov 02Greif, Inc. (NYSE:GEF) signed an agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for $538 million.Greif, Inc. (NYSE:GEF) signed an agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for $538 million on October 31, 2023. The transaction is an all-cash consideration. The planned transaction would be funded through available capacity in Greif’s existing credit facilities. For the last twelve months ended September 30, 2023, Ipackchem generated sales of approximately $235 million and adjusted EBITDA of approximately $57 million. Ipackchem team will join Greif. The transaction is subject to prior completion of the information-consultation processes under French law and closing conditions, including regulatory clearances and e expected to close by the end of the second quarter of Greif’s 2024 fiscal year. Stifel Financial Corp. (NYSE:SF) acted as financial advisor and Allen & Overy LLP, Trilegal and Pinheiro Neto Advogados acted as legal advisor to Greif. Goldman Sachs & Co. LLC acted as financial advisor to SK Capital Partners and other shareholders of Ipackchem, with William Blair and Company acting as co-advisor. Kirkland & Ellis LLP acted as legal advisor to SK Capital Partners.공지 • Oct 11Greif, Inc. to Report Q4, 2023 Results on Dec 06, 2023Greif, Inc. announced that they will report Q4, 2023 results After-Market on Dec 06, 2023Upcoming Dividend • Sep 07Upcoming dividend of US$0.52 per share at 3.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).공지 • Aug 31+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2023On August 29, 2023, Greif, Inc. declared quarterly cash dividends of $0.52 per share of Class A Common Stock and $0.78 per share of Class B Common Stock. Dividends are payable on October 1, 2023, to stockholders of record at the close of business on September 15, 2023.Reported Earnings • Aug 31Third quarter 2023 earnings released: EPS: US$1.93 (vs US$2.94 in 3Q 2022)Third quarter 2023 results: EPS: US$1.93 (down from US$2.94 in 3Q 2022). Revenue: US$1.33b (down 18% from 3Q 2022). Net income: US$90.3m (down 36% from 3Q 2022). Profit margin: 6.8% (down from 8.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.공지 • Jul 29Greif, Inc. to Report Q3, 2023 Results on Aug 30, 2023Greif, Inc. announced that they will report Q3, 2023 results After-Market on Aug 30, 2023공지 • Jun 25+ 1 more updateGreif, Inc.(NYSE:GEF) dropped from Russell 2000 Growth IndexGreif, Inc.(NYSE:GEF) dropped from Russell 2000 Growth Index공지 • Jun 08Greif, Inc. DeclareS Quarterly Cash Dividends, Payable on July 1, 2023On June 5, 2023, the Board of Directors of Greif, Inc. declared quarterly cash dividends of $0.50 per share of Class A Common Stock and $0.75 per share of Class B Common Stock. Dividends are payable on July 1, 2023, to stockholders of record at the close of business on June 19, 2023.Reported Earnings • Jun 08Second quarter 2023 earnings released: EPS: US$2.35 (vs US$2.57 in 2Q 2022)Second quarter 2023 results: EPS: US$2.35 (down from US$2.57 in 2Q 2022). Revenue: US$1.31b (down 22% from 2Q 2022). Net income: US$111.2m (down 11% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 19Senior VP & Chief Supply Chain Officer recently bought €57k worth of stockOn the 10th of March, Tina Schoner bought around 1k shares on-market at roughly €57.47 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €830k more in shares than they bought in the last 12 months.Reported Earnings • Mar 03First quarter 2023 earnings released: EPS: US$1.90 (vs US$0.21 in 1Q 2022)First quarter 2023 results: EPS: US$1.90 (up from US$0.21 in 1Q 2022). Revenue: US$1.27b (down 19% from 1Q 2022). Net income: US$89.9m (up US$79.6m from 1Q 2022). Profit margin: 7.1% (up from 0.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.공지 • Feb 02Greif, Inc. Announces Management ChangesGreif, Inc. announced that On February 1, 2023, Peter G. Watson, Executive Chairman and a Named Executive Officer of the Company retired as an employee of the Company. On that date, Mr. Watson’s title changed from Executive Chairman to Chairman of the Board. Mr. Watson will remain on the Board through the Company’s 2023 Annual Meeting of Stockholders, to be held February 28, 2023, as he will be retiring from the Board and not standing for re-election.공지 • Jan 28Greif, Inc. to Report Q1, 2023 Results on Mar 01, 2023Greif, Inc. announced that they will report Q1, 2023 results After-Market on Mar 01, 2023공지 • Jan 14Greif, Inc., Annual General Meeting, Feb 28, 2023Greif, Inc., Annual General Meeting, Feb 28, 2023, at 08:00 US Eastern Standard Time. Agenda: To consider and elect eleven directors to serve for a one-year term, to consider and vote upon, on a non-binding and advisory basis, the compensation of the Company's named executive officers, to consider and conduct an advisory vote on the frequency of conducting future advisory votes on the compensation of the Company's named executive officers, to consider and vote upon the approval of the Company's Amended and Restated Outside Directors Equity Award Plan, to consider and vote upon the approval of the Company's Colleague Stock Purchase Plan; and to transact such other business as may properly come before the meeting or any adjournments.Recent Insider Transactions • Dec 29Executive VP & CFO recently sold €299k worth of stockOn the 23rd of December, Lawrence Hilsheimer sold around 5k shares on-market at roughly €63.04 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lawrence's only on-market trade for the last 12 months.Reported Earnings • Dec 08Full year 2022 earnings released: EPS: US$7.91 (vs US$8.05 in FY 2021)Full year 2022 results: EPS: US$7.91 (down from US$8.05 in FY 2021). Revenue: US$6.35b (up 14% from FY 2021). Net income: US$376.7m (down 3.6% from FY 2021). Profit margin: 5.9% (down from 7.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Oct 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Sep 13Insider recently sold €66k worth of stockOn the 9th of September, Patrick Mullaney sold around 982 shares on-market at roughly €67.35 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €358k. Insiders have been net sellers, collectively disposing of €424k more than they bought in the last 12 months.Upcoming Dividend • Sep 08Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 01 October 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.2%).Reported Earnings • Sep 02Third quarter 2022 earnings released: EPS: US$2.94 (vs US$2.33 in 3Q 2021)Third quarter 2022 results: EPS: US$2.94 (up from US$2.33 in 3Q 2021). Revenue: US$1.62b (up 8.8% from 3Q 2021). Net income: US$141.8m (up 26% from 3Q 2021). Profit margin: 8.7% (up from 7.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.7% compared to a 15% growth forecast for the Packaging industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Jul 01Independent Director recently sold €358k worth of stockOn the 29th of June, Mark Emkes sold around 6k shares on-market at roughly €59.60 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Jun 10Second quarter 2022 earnings released: EPS: US$2.57 (vs US$3.09 in 2Q 2021)Second quarter 2022 results: EPS: US$2.57 (down from US$3.09 in 2Q 2021). Revenue: US$1.67b (up 24% from 2Q 2021). Net income: US$125.1m (down 17% from 2Q 2021). Profit margin: 7.5% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 1.4% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 09Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (3.1%).Reported Earnings • Mar 04First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: US$0.21 (down from US$0.48 in 1Q 2021). Revenue: US$1.56b (up 36% from 1Q 2021). Net income: US$10.3m (down 56% from 1Q 2021). Profit margin: 0.7% (down from 2.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 2.2%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Dec 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$14.74 (up from US$2.25 in FY 2020). Revenue: US$5.56b (up 23% from FY 2020). Net income: US$390.7m (up 259% from FY 2020). Profit margin: 7.0% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 5.5%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.이익 및 매출 성장 예측DB:GR3 - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/20284,402258366N/A29/30/20274,35125335351669/30/20264,25331732743663/31/20264,263180-15117N/A12/31/20254,269186-12723N/A9/30/20254,29116-9664N/A7/31/20255,432141335491N/A4/30/20255,462179210370N/A1/31/20255,508210149321N/A10/31/20244,355236164356N/A9/30/20244,334241136328N/A7/31/20244,556254149372N/A4/30/20244,722267273498N/A1/31/20245,153337396621N/A10/31/20234,175281430650N/A7/31/20235,406391526733N/A4/30/20235,698442542740N/A1/31/20236,056456483668N/A10/31/20226,350377475658N/A7/31/20226,432382346508N/A4/30/20226,301353227394N/A1/31/20225,974378239407N/A10/31/20215,556391249396N/A7/31/20215,139331324459N/A4/30/20214,731238370499N/A1/31/20214,549100321447N/A10/31/20204,515109318455N/A7/31/20204,586129293450N/A4/30/20204,755171292456N/A1/31/20204,810174N/A419N/A10/31/20194,595171N/A390N/A7/31/20194,351146N/A391N/A4/30/20194,110151N/A301N/A1/31/20193,865183N/A297N/A10/31/20183,874209N/A253N/A7/31/20183,854203N/A256N/A4/30/20183,804179N/A294N/A1/31/20183,723170N/A295N/A10/31/20173,638119N/A305N/A7/31/20173,53894N/A248N/A4/30/20173,42196N/A259N/A1/31/20173,37391N/A283N/A10/31/20163,32475N/A301N/A7/31/20163,32579N/A291N/A4/30/20163,41041N/A291N/A1/31/20163,48631N/A240N/A10/31/20153,61772N/A206N/A7/31/20153,79668N/A218N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: GR3 의 연간 예상 수익 증가율(7.2%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: GR3 의 연간 수익(7.2%)이 German 시장(16.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: GR3 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: GR3 의 수익(연간 1.5%)이 German 시장(연간 6.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: GR3 의 수익(연간 1.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: GR3의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 09:25종가2026/05/06 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Greif, Inc.는 16명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ghansham PanjabiBairdWalter LiptakBarrington Research Associates, Inc.Mark WildeBMO Capital Markets Equity Research13명의 분석가 더 보기
공지 • Apr 07Greif, Inc. to Report Q2, 2026 Results on Apr 28, 2026Greif, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2026
공지 • Feb 24+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividend on Its Class A Common Stock, Payable on April 1, 2026Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.56 per share on its Class A Common Stock. Dividends are payable on April 1, 2026, to stockholders of record at the close of business on March 16, 2026.
공지 • Jan 12Greif, Inc., Annual General Meeting, Feb 23, 2026Greif, Inc., Annual General Meeting, Feb 23, 2026.
공지 • Jan 05Greif, Inc. to Report Q1, 2026 Results on Jan 27, 2026Greif, Inc. announced that they will report Q1, 2026 results After-Market on Jan 27, 2026
공지 • Dec 10+ 1 more updateGreif, Inc. Declares Quarterly Dividend, Payable on January 1, 2026Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.56 per share on its Class A Common Stock, Dividends are payable on January 1, 2026, to stockholders of record at the close of business on December 18, 2025.
공지 • Oct 01Greif, Inc. to Report Q4, 2025 Results on Nov 05, 2025Greif, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2025
공지 • Aug 27+ 1 more updateGreif, Inc. Announces Management ChangesGreif, Inc. announced the upcoming retirement of Gary Martz, Executive Vice President, General Counsel and Corporate Secretary, after more than two decades of leadership and service. Mr. Martz will retire from Greif on November 30, concluding a distinguished career that shaped the very legal and operational foundations of the company. Mr. Martz joined Greif in 2002 as the company’s first in-house counsel and went on to build a global function responsible for corporate governance, compliance, mergers and acquisitions, joint ventures, litigation, the company’s Global Real Estate Services, and other matters. Martz’s work has been integral to the company’s success, with his counsel critical in shaping Greif’s strategic growth and operational resilience over the years. In addition to his legal responsibilities, Mr. Martz has held numerous operational and leadership roles at Greif, including President of the Land Management business, interim Chief Administrative Officer for Finance, and Chief Human Resources Officer. His versatility and commitment to Greif’s core values have earned him the respect and admiration of colleagues across the organization. Prior to joining Greif, Mr. Martz was a partner at Baker & Hostetler LLP in Cleveland, Ohio, where he built a successful legal practice focused on corporate and commercial law. He earned his Juris Doctor from The Ohio State University Michael E. Moritz College of Law and holds a bachelor’s degree from the University of Toledo. Dennis Hoffman will assume the role of Senior Vice President, General Counsel and Secretary, effective October 1. Mr. Hoffman, who currently serves as Vice President and Deputy General Counsel for Greif, brings extensive experience in corporate law, governance, mergers and acquisitions, joint ventures, and environmental compliance, among other matters, and has worked closely with Gary over the last 15 years. His deep institutional knowledge, business-focused approach, and unwavering commitment to Greif’s values position him ideally to lead the company’s legal function into its next chapter.
공지 • Aug 08Molpus Woodlands Group, LLC entered into a definitive agreement to acquire Soterra Land Management Business of Greif, Inc. (NYSE:GEF) for approximately $460 million.Molpus Woodlands Group, LLC entered into a definitive agreement to acquire Soterra Land Management Business of Greif, Inc. (NYSE:GEF) for approximately $460 million on August 5, 2025. The purchase price is subject to certain adjustments. The deal subject to an examination and verification of title to the parcels being sold and the receipt of certain third party consents, approval required under the HSR Act and customary closing conditions. The transaction is expected to close September 15, 2025 or another date mutually agreed upon by the Parties. Cash proceeds from the sale will be allocated to debt repayment. Perella Weinberg Partners LP served as financial advisor and Gee Ogletree and Alex Bondurant of Adams and Reese LLP served as legal advisor to Greif, Inc. (NYSE:GEF). Trent Jernigan of Womble Bond Dickinson served as legal advisor to Molpus Woodlands Group.
공지 • Aug 04Greif, Inc. to Report Q3, 2025 Results on Aug 27, 2025Greif, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 27, 2025
공지 • Aug 01Greif to Close Steel and Polymer Facility in Merced, CaliforniaGreif announced it will permanently close the steel and polymer drum facility in Merced, California as part of its previously announced optimization efforts. The facility is expected to cease operation in September 2025. The decision to close the facility, which produces both steel drums and large and small polymer containers, is an important part of delivering on the company’s commitment to remove $100 million in cost from the business. After September, customer orders will be fulfilled through the company’s remaining global steel and polymer network. In total, approximately 43 positions will be impacted.
공지 • Jul 02Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion.Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion on June 30, 2025. A cash consideration of $1.8 billion will be paid by Packaging Corporation America. As part of acquisition of The Greif containerboard business includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States. The transaction will be financed through equity investment of $20 million and senior debt of $1.5 billion. For the period ending April 30, 2025, Containerboard business of Greif, Inc reported total revenue of $1.2 billion and EBITDA of $212 million. The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. The expected to close in the third quarter of 2025. BofA Securities, Inc. acted as financial advisor for Greif, Inc. The Goldman Sachs Group, Inc. acted as financial advisor for Packaging Corporation of America. Stephen Besen,Daniel Litowitz and Lara Aryani of Allen & Overy LLP acted as legal advisor to Greif, Inc and Paul M. Crimmins and Michael Serafini of Mayer Brown LLP acted as legal advisor to Packaging Corporation of America.
공지 • Jun 03Greif, Inc. Declares Quarterly Dividend on Class A Common Stock and Class B Common Stock, Payable on July 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock. Dividends are payable on July 1, 2025, to stockholders of record at the close of business on June 17, 2025.
공지 • May 05Greif, Inc. to Report Q2, 2025 Results on Jun 04, 2025Greif, Inc. announced that they will report Q2, 2025 results After-Market on Jun 04, 2025
공지 • May 01Greif to Close Los Angeles Paperboard MillGreif, Inc. announced it will permanently close the paperboard mill in Los Angeles, California as part of its previously announced optimization efforts. The Los Angeles mill is expected to cease operation in June 2025. The mill, which produces both coated recycled paperboard (CRB) and uncoated recycled paperboard (URB) is expected to remove 50,000 tons of CRB and 22,000 tons of URB capacity from the market and will end Greif’s coated paperboard production on the West Coast. In total, approximately 72 positions will be impacted. Closing the Los Angeles Mill is a result of increased costs and limited integration opportunities.
공지 • Feb 25+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Its Class B Common Stock, Payable on April 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividend of $0.81 per share on its Class B Common Stock. Dividend is payable on April 1, 2025, to stockholders of record at the close of business on March 17, 2025.
공지 • Jan 31Greif, Inc. to Report Q1, 2025 Results on Feb 26, 2025Greif, Inc. announced that they will report Q1, 2025 results After-Market on Feb 26, 2025
공지 • Jan 29Greif Announces to Permanently Cease Production on the Number 1 Paperboard Machine in Austell, Ga and Permanently Close the Containerboard and Uncoated Recycled Paperboard Mill in Fitchburg, MAGreif announced it will permanently cease production on the Number 1 Paperboard Machine (A1) in Austell, GA and permanently close the containerboard and uncoated recycled paperboard (URB) mill in Fitchburg, MA. In total, approximately 140 positions will be impacted. Ceasing production at A1 – a non-integrated URB asset for the company - is a result of increased cost and declining demand in its major end use markets of furniture, books, and binders. The combination of high operating costs and the need for significant capital investment were the determining factors in the decision to close the Fitchburg mill. Together, these actions will reduce the containerboard capacity of Greif’s mill network by 100,000 tons, and URB capacity by 90,000 tons.
공지 • Jan 13Greif, Inc., Annual General Meeting, Feb 24, 2025Greif, Inc., Annual General Meeting, Feb 24, 2025.
공지 • Dec 10Greif, Inc. Launches New Modular Packaging SolutionGreif, Inc. announced at the Pack-Expo conference in Chicago the launch of ModCan™?, an innovative modular packaging solution designed to improve efficiency and safety in shipping and storing dissimilar materials and waste. Using a unique wedge-shaped design, the modular components are engineered to fit precisely into a Greif 55-gallon drum, allowing multiple materials, chemicals, or waste components to be shipped together without fear of contamination or exposure. By optimizing the available space inside a single drum, ModCan reduces the number of shipments required and improves safety by eliminating the need to transfer or consolidate materials into larger containers. This is particularly useful for waste applications in specialty manufacturing, semiconductor operations, clean rooms, laboratories, and pharmaceutical production.
공지 • Dec 04Greif, Inc. Declares Quarterly Dividend on Class A Common Stock, Payable on January 1, 2025Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.80 per share on its Class B Common Stock. Dividends are payable on January 1, 2025, to stockholders of record at the close of business on December 16, 2024.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €66.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Packaging industry in Europe. Total returns to shareholders of 16% over the past three years.
공지 • Oct 31Greif, Inc. to Report Q4, 2024 Results on Dec 04, 2024Greif, Inc. announced that they will report Q4, 2024 results on Dec 04, 2024
공지 • Oct 04Greif, Inc. Announces Vicki Avril-Groves Retires from Board of Directors, Effective November 1, 2024Greif, Inc. announced that Vicki Avril-Groves will be retiring from the Board of Directors, effective November 1, 2024, due to personal reasons. She joined the Board in 2004 and has served on a variety of Board committees, including the Audit Committee as Chairperson for several years.
Declared Dividend • Sep 02Third quarter dividend of US$0.54 announcedShareholders will receive a dividend of US$0.54. Ex-date: 16th September 2024 Payment date: 1st October 2024 Dividend yield will be 3.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (9% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 1.7% over the next 2 years. However, it would need to fall by 90% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 30Third quarter 2024 earnings released: EPS: US$1.85 (vs US$1.93 in 3Q 2023)Third quarter 2024 results: EPS: US$1.85 (down from US$1.93 in 3Q 2023). Revenue: US$1.45b (up 9.3% from 3Q 2023). Net income: US$87.1m (down 3.5% from 3Q 2023). Profit margin: 6.0% (down from 6.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
공지 • Aug 28Greif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2024Greif, Inc. announced that its board of directors has declared quarterly cash dividends of $0.54 per share on its Class A Common Stock, and $0.81 per share on its Class B Common Stock. Dividends are payable on October 1, 2024, to stockholders of record at the close of business on September 16, 2024.
공지 • Aug 27Greif, Inc. Elects Andy Rose to Its Board of DirectorsGreif, Inc. announced that Andy Rose, President and CEO of Worthington Enterprises, has been elected to its Board of Directors. Mr. Rose has over 30 years of experience in the manufacturing, distribution, and financial services industries. He joined Worthington Industries in 2008 as Chief Financial Officer before being named President and CEO in 2020. Prior to joining Worthington Industries, Andy worked at MCG Capital Corporation, Peachtree Equity Partners, and Wachovia Capital Associates. He started his career at J.P. Morgan & Co. in global cash management. Mr. Rose earned his MBA from the Fuqua School of Business at Duke University and his bachelor's degree in business administration from the University of North Carolina. He is a native of Columbus, Ohio, and currently serves on the board of directors of OhioHealth and previously served on the boards of White Castle® and Rev1 Ventures. He is also a member of The Ohio Business Roundtable and the Columbus Partnership.
공지 • Aug 02PSC Group LLC acquired Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF).PSC Group LLC acquired Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF) on August 1, 2024. Upon completion of the transaction, Delta will be owned by PSC, and will cease to be a subsidiary of Greif, Inc. All employees of Delta Petroleum Company join PSC. Funds from this sale will be used to accelerate strategic vision of Greif. PSC Group LLC completed the acquisition of Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF) on August 1, 2024.
공지 • Jul 31Greif, Inc. to Report Q3, 2024 Results on Aug 28, 2024Greif, Inc. announced that they will report Q3, 2024 results After-Market on Aug 28, 2024
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jill Evanko was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Jun 10Second quarter dividend of US$0.52 announcedShareholders will receive a dividend of US$0.52. Ex-date: 18th June 2024 Payment date: 1st July 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.2% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.
New Risk • Jun 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risks Profit margins are more than 30% lower than last year (5.2% net profit margin). Significant insider selling over the past 3 months (€3.7m sold).
Reported Earnings • Jun 07Second quarter 2024 earnings released: EPS: US$0.94 (vs US$2.35 in 2Q 2023)Second quarter 2024 results: EPS: US$0.94 (down from US$2.35 in 2Q 2023). Revenue: US$1.37b (up 4.7% from 2Q 2023). Net income: US$44.4m (down 60% from 2Q 2023). Profit margin: 3.2% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year.
공지 • Jun 05+ 1 more updateJillian Evanko Joins Greif, Inc.'s Board of DirectorsGreif, Inc. announced that Jillian (Jill) Evanko has been appointed to its Board of Directors. Ms. Evanko is President and Chief Executive Officer of Chart Industries, Inc. Ms. Evanko has more than 25 years of experience in the manufacturing and industrial sectors. Prior to joining Chart in 2017, she held multiple operational and financial executive positions at Dover Corporation and its subsidiaries. Ms. Evanko also held financial and operational roles at Arthur Andersen LLP, Honeywell Corporation, and Sony Corporation. Ms. Evanko holds a Master of Business Administration (MBA) from The University of Notre Dame and a Bachelor of Science in Business Administration from La Salle University. She has been recognized for her leadership and achievements with numerous awards, including the 2023 EY Entrepreneur of the Year Southeastern Finalist, 2020 ExxonMobil Power Play Rainmaker award, the 2020 S&P Global Platts Energy Award for Chief Trailblazer, and the World LNG Executive of the Year 2020.
공지 • May 01Greif, Inc. to Report Q2, 2024 Results on Jun 05, 2024Greif, Inc. announced that they will report Q2, 2024 results After-Market on Jun 05, 2024
Recent Insider Transactions • Apr 05Executive VP recently sold €2.9m worth of stockOn the 1st of April, Gary Martz sold around 45k shares on-market at roughly €63.74 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.8m more than they bought in the last 12 months.
공지 • Mar 27Greif, Inc. (NYSE:GEF) completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders.Greif, Inc. (NYSE:GEF) agreed to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for approximately $540 million on October 31, 2023. Greif, Inc. entered into a definitive sale and purchase agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders on November 17, 2023. The transaction is an all-cash consideration. The purchase price is subject to certain adjustments. The planned transaction would be funded through available capacity in Greif’s existing credit facilities. For the last twelve months ended September 30, 2023, Ipackchem generated sales of approximately $235 million and adjusted EBITDA of approximately $57 million. Ipackchem team will join Greif. The acquisition is subject to the satisfaction or waiver of certain conditions, including, among other matters, receipt of certain government and regulatory approvals in France, South Africa and Brazil, as well as Ipackchem’s disposition of certain immaterial assets and expected to close by the end of the second quarter of Greif’s 2024 fiscal year.Celedonio Moncayo, Willem Enthoven, Willem Enthoven, Peter Zdebski and Carlos Penim of Stifel Financial Corp. (NYSE:SF) acted as financial advisor and Stephen Besen, Hugh Hollman, Brian Price and Jill Ge of Allen & Overy LLP, Trilegal and Pinheiro Neto Advogados acted as legal advisor to Greif. Goldman Sachs & Co. LLC acted as financial advisor to SK Capital Partners and other shareholders of Ipackchem, with William Blair and Company acting as co-advisor. Kirkland & Ellis LLP acted as legal advisor to SK Capital Partners.Greif, Inc. (NYSE:GEF) completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders on March 26, 2024.
Recent Insider Transactions • Mar 10Executive VP & CFO recently sold €2.7m worth of stockOn the 5th of March, Lawrence Hilsheimer sold around 47k shares on-market at roughly €57.84 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lawrence has been a net seller over the last 12 months, reducing personal holdings by €3.8m.
Upcoming Dividend • Mar 08Upcoming dividend of US$0.52 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 01 April 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.7%).
Reported Earnings • Feb 29First quarter 2024 earnings released: EPS: US$1.44 (vs US$1.90 in 1Q 2023)First quarter 2024 results: EPS: US$1.44 (down from US$1.90 in 1Q 2023). Revenue: US$1.21b (down 5.1% from 1Q 2023). Net income: US$67.2m (down 25% from 1Q 2023). Profit margin: 5.6% (down from 7.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공지 • Feb 27+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Class B Common Stock, Payable on April 1, 2024Greif, Inc. announced that its Board of Directors has declared quarterly cash dividends of $0.78 per share on its Class B Common Stock. The dividends are payable on April 1, 2024, to stockholders of record at the close of business on March 18, 2024.
공지 • Feb 06Greif, Inc. to Report Q1, 2024 Results on Feb 28, 2024Greif, Inc. announced that they will report Q1, 2024 results After-Market on Feb 28, 2024
Reported Earnings • Dec 07Full year 2023 earnings released: EPS: US$7.63 (vs US$7.81 in FY 2022)Full year 2023 results: EPS: US$7.63 (down from US$7.81 in FY 2022). Revenue: US$5.22b (down 18% from FY 2022). Net income: US$359.2m (down 4.6% from FY 2022). Profit margin: 6.9% (up from 5.9% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
공지 • Dec 06+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends on Its Class B Common Stock, Payable on January 1, 2024Greif, Inc. announced that its board of directors has declared quarterly cash dividends of $0.77 per share on its Class B Common Stock. The dividend is payable on January 1, 2024, to stockholders of record at the close of business on December 18, 2023.
공지 • Nov 02Greif, Inc. (NYSE:GEF) signed an agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for $538 million.Greif, Inc. (NYSE:GEF) signed an agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for $538 million on October 31, 2023. The transaction is an all-cash consideration. The planned transaction would be funded through available capacity in Greif’s existing credit facilities. For the last twelve months ended September 30, 2023, Ipackchem generated sales of approximately $235 million and adjusted EBITDA of approximately $57 million. Ipackchem team will join Greif. The transaction is subject to prior completion of the information-consultation processes under French law and closing conditions, including regulatory clearances and e expected to close by the end of the second quarter of Greif’s 2024 fiscal year. Stifel Financial Corp. (NYSE:SF) acted as financial advisor and Allen & Overy LLP, Trilegal and Pinheiro Neto Advogados acted as legal advisor to Greif. Goldman Sachs & Co. LLC acted as financial advisor to SK Capital Partners and other shareholders of Ipackchem, with William Blair and Company acting as co-advisor. Kirkland & Ellis LLP acted as legal advisor to SK Capital Partners.
공지 • Oct 11Greif, Inc. to Report Q4, 2023 Results on Dec 06, 2023Greif, Inc. announced that they will report Q4, 2023 results After-Market on Dec 06, 2023
Upcoming Dividend • Sep 07Upcoming dividend of US$0.52 per share at 3.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 02 October 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%).
공지 • Aug 31+ 1 more updateGreif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2023On August 29, 2023, Greif, Inc. declared quarterly cash dividends of $0.52 per share of Class A Common Stock and $0.78 per share of Class B Common Stock. Dividends are payable on October 1, 2023, to stockholders of record at the close of business on September 15, 2023.
Reported Earnings • Aug 31Third quarter 2023 earnings released: EPS: US$1.93 (vs US$2.94 in 3Q 2022)Third quarter 2023 results: EPS: US$1.93 (down from US$2.94 in 3Q 2022). Revenue: US$1.33b (down 18% from 3Q 2022). Net income: US$90.3m (down 36% from 3Q 2022). Profit margin: 6.8% (down from 8.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
공지 • Jul 29Greif, Inc. to Report Q3, 2023 Results on Aug 30, 2023Greif, Inc. announced that they will report Q3, 2023 results After-Market on Aug 30, 2023
공지 • Jun 25+ 1 more updateGreif, Inc.(NYSE:GEF) dropped from Russell 2000 Growth IndexGreif, Inc.(NYSE:GEF) dropped from Russell 2000 Growth Index
공지 • Jun 08Greif, Inc. DeclareS Quarterly Cash Dividends, Payable on July 1, 2023On June 5, 2023, the Board of Directors of Greif, Inc. declared quarterly cash dividends of $0.50 per share of Class A Common Stock and $0.75 per share of Class B Common Stock. Dividends are payable on July 1, 2023, to stockholders of record at the close of business on June 19, 2023.
Reported Earnings • Jun 08Second quarter 2023 earnings released: EPS: US$2.35 (vs US$2.57 in 2Q 2022)Second quarter 2023 results: EPS: US$2.35 (down from US$2.57 in 2Q 2022). Revenue: US$1.31b (down 22% from 2Q 2022). Net income: US$111.2m (down 11% from 2Q 2022). Profit margin: 8.5% (up from 7.5% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 19Senior VP & Chief Supply Chain Officer recently bought €57k worth of stockOn the 10th of March, Tina Schoner bought around 1k shares on-market at roughly €57.47 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €830k more in shares than they bought in the last 12 months.
Reported Earnings • Mar 03First quarter 2023 earnings released: EPS: US$1.90 (vs US$0.21 in 1Q 2022)First quarter 2023 results: EPS: US$1.90 (up from US$0.21 in 1Q 2022). Revenue: US$1.27b (down 19% from 1Q 2022). Net income: US$89.9m (up US$79.6m from 1Q 2022). Profit margin: 7.1% (up from 0.7% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
공지 • Feb 02Greif, Inc. Announces Management ChangesGreif, Inc. announced that On February 1, 2023, Peter G. Watson, Executive Chairman and a Named Executive Officer of the Company retired as an employee of the Company. On that date, Mr. Watson’s title changed from Executive Chairman to Chairman of the Board. Mr. Watson will remain on the Board through the Company’s 2023 Annual Meeting of Stockholders, to be held February 28, 2023, as he will be retiring from the Board and not standing for re-election.
공지 • Jan 28Greif, Inc. to Report Q1, 2023 Results on Mar 01, 2023Greif, Inc. announced that they will report Q1, 2023 results After-Market on Mar 01, 2023
공지 • Jan 14Greif, Inc., Annual General Meeting, Feb 28, 2023Greif, Inc., Annual General Meeting, Feb 28, 2023, at 08:00 US Eastern Standard Time. Agenda: To consider and elect eleven directors to serve for a one-year term, to consider and vote upon, on a non-binding and advisory basis, the compensation of the Company's named executive officers, to consider and conduct an advisory vote on the frequency of conducting future advisory votes on the compensation of the Company's named executive officers, to consider and vote upon the approval of the Company's Amended and Restated Outside Directors Equity Award Plan, to consider and vote upon the approval of the Company's Colleague Stock Purchase Plan; and to transact such other business as may properly come before the meeting or any adjournments.
Recent Insider Transactions • Dec 29Executive VP & CFO recently sold €299k worth of stockOn the 23rd of December, Lawrence Hilsheimer sold around 5k shares on-market at roughly €63.04 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lawrence's only on-market trade for the last 12 months.
Reported Earnings • Dec 08Full year 2022 earnings released: EPS: US$7.91 (vs US$8.05 in FY 2021)Full year 2022 results: EPS: US$7.91 (down from US$8.05 in FY 2021). Revenue: US$6.35b (up 14% from FY 2021). Net income: US$376.7m (down 3.6% from FY 2021). Profit margin: 5.9% (down from 7.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Nov 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Oct 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Roel Vestjens was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Sep 13Insider recently sold €66k worth of stockOn the 9th of September, Patrick Mullaney sold around 982 shares on-market at roughly €67.35 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €358k. Insiders have been net sellers, collectively disposing of €424k more than they bought in the last 12 months.
Upcoming Dividend • Sep 08Upcoming dividend of US$0.50 per shareEligible shareholders must have bought the stock before 15 September 2022. Payment date: 01 October 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (3.2%).
Reported Earnings • Sep 02Third quarter 2022 earnings released: EPS: US$2.94 (vs US$2.33 in 3Q 2021)Third quarter 2022 results: EPS: US$2.94 (up from US$2.33 in 3Q 2021). Revenue: US$1.62b (up 8.8% from 3Q 2021). Net income: US$141.8m (up 26% from 3Q 2021). Profit margin: 8.7% (up from 7.6% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 2.7% compared to a 15% growth forecast for the Packaging industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Jul 01Independent Director recently sold €358k worth of stockOn the 29th of June, Mark Emkes sold around 6k shares on-market at roughly €59.60 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Jun 10Second quarter 2022 earnings released: EPS: US$2.57 (vs US$3.09 in 2Q 2021)Second quarter 2022 results: EPS: US$2.57 (down from US$3.09 in 2Q 2021). Revenue: US$1.67b (up 24% from 2Q 2021). Net income: US$125.1m (down 17% from 2Q 2021). Profit margin: 7.5% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 1.4% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 09Upcoming dividend of US$0.46 per shareEligible shareholders must have bought the stock before 16 March 2022. Payment date: 01 April 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (3.6%). In line with average of industry peers (3.1%).
Reported Earnings • Mar 04First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2022 results: EPS: US$0.21 (down from US$0.48 in 1Q 2021). Revenue: US$1.56b (up 36% from 1Q 2021). Net income: US$10.3m (down 56% from 1Q 2021). Profit margin: 0.7% (down from 2.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 2.2%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Dec 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$14.74 (up from US$2.25 in FY 2020). Revenue: US$5.56b (up 23% from FY 2020). Net income: US$390.7m (up 259% from FY 2020). Profit margin: 7.0% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.7%. Over the next year, revenue is forecast to grow 5.5%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 29Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.
Executive Departure • Nov 28Independent Director Judith Hook has left the companyOn the 17th of November, Judith Hook's tenure as Independent Director ended after 18.5 years in the role. We don't have any record of a personal shareholding under Judith's name. Judith is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years.