Company: GEF
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000043920-25-000025
Chunk: 47

Company: GREIF, INC
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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 — Plus: other costs*0.2 0.2 Adjusted EBITDA$213.9 $169.7 *includes fiscal year-end change costs and share-based compensation impact of disposals of businesses

31

The following table sets forth Adjusted EBITDA for our business segments, reconciled to the operating profit for each segment, for the three months ended April 30, 2025 and 2024:

Three Months Ended April 30, 2025(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit$25.8 $54.1 $25.9 $12.8 $118.6 Less: equity earnings of unconsolidated affiliates, net of tax— — — (0.4)(0.4)Plus: depreciation and amortization expense23.1 7.1 33.7 2.5 66.4 Plus: acquisition and integration related costs2.0 — — — 2.0 Plus: restructuring and other charges1.7 1.7 10.5 0.7 14.6 Plus: non-cash asset impairment charges0.7 0.7 8.9 0.4 10.7 Plus: loss on disposal of properties, plants and equipment, net— — 0.5 — 0.5 Plus: loss on disposal of businesses, net— — — 0.5 0.5 Plus: other costs*0.1 0.1 — — 0.2 Adjusted EBITDA$53.4 $63.7 $79.5 $17.3 $213.9 Three Months Ended April 30, 2024(in millions)Customized Polymer SolutionsDurable Metal SolutionsSustainable Fiber SolutionsIntegrated SolutionsConsolidatedOperating profit$6.3 $56.5 $18.9 $16.4 $98.1 Less: equity earnings of unconsolidated affiliates, net of tax— — — (0.7)(0.7)Plus: depreciation and amortization expense17.5 7.2 37.9 3.3 65.9 Plus: acquisition and integration related costs11.2 — 0.3 —