Company: GEF
Filing Date: 2025-02-27
Form Type: 10-Q
Source: 0000043920-25-000009
Chunk: 38

Company: GREIF, INC
Filing Date: 2025-02-27
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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4)(0.5)Plus: depreciation, depletion and amortization expense66.6 60.4 Plus: acquisition and integration related costs2.2 2.6 Plus: restructuring charges2.7 5.7 Plus: non-cash asset impairment charges13.7 1.3 Plus: gain on disposal of properties, plants and equipment, net(1.6)(2.7)Plus: loss on disposal of businesses, net0.9 — Plus: other costs*0.3 0.3 Adjusted EBITDA$145.1 $137.0 *includes fiscal year-end change costs and share-based compensation impact of disposals of businesses

28

The following table sets forth Adjusted EBITDA for our business segments, reconciled to the operating profit for each segment, for the three months ended January 31, 2025 and 2024:

Three months ended January 31, 2025(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit13.8 37.6 3.6 4.9 59.9 Less: equity earnings of unconsolidated affiliates, net of tax— — — (0.4)(0.4)Plus: depreciation and amortization expense22.9 6.8 34.3 2.6 66.6 Plus: acquisition and integration related costs2.2 — — — 2.2 Plus: restructuring charges 0.5 0.5 1.6 0.1 2.7 Plus: non-cash asset impairment charges— 1.5 12.2 — 13.7 Plus: gain on disposal of properties, plants and equipment, net— (1.2)(0.4)— (1.6)Plus: loss on disposal of businesses, net— — — 0.9 0.9 Plus: other costs*0.1 — 0.2 — 0.3 Adjusted EBITDA$39.5 $45.2 $51.5 $8.9 145.1 Three months ended January 31, 2024(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit11.7 36.9