Company: GEF
Filing Date: 2025-08-28
Form Type: 10-Q
Source: 0000043920-25-000048
Chunk: 50

Company: GREIF, INC
Filing Date: 2025-08-28
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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3.4 0.2 Plus: gain on disposal of properties, plants and equipment, net(2.6)(3.4)Plus: gain on disposal of businesses, net— (46.1)Plus: other costs*0.9 5.0 Adjusted EBITDA$160.7 $157.0 *includes fiscal year-end change costs and share-based compensation impact of disposals of businesses

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

Three Months Ended July 31, 2025(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit$8.8 $37.6 $23.2 $3.5 $73.1 Less: equity earnings of unconsolidated affiliates, net of tax— — — (0.7)(0.7)Plus: depreciation and amortization expense23.7 7.3 25.4 2.4 58.8 Plus: acquisition and integration related costs1.2 — — — 1.2 Plus: restructuring and other charges3.3 5.2 15.6 1.1 25.2 Plus: non-cash asset impairment charges2.4 — 0.9 0.1 3.4 Plus: (gain) loss on disposal of properties, plants and equipment, net(0.2)(2.6)— 0.2 (2.6)Plus: other costs*0.2 0.2 0.4 0.1 0.9 Adjusted EBITDA$39.4 $47.7 $65.5 $8.1 $160.7 Three Months Ended July 31, 2024(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit$9.6 $36.2 $35.9 $55.0 $136.7 Less: equity earnings of unconsolidated affiliates, net of tax— — — (0.9)(0.9)Plus: depreciation and amortization expense27.2 7.3 21