Company: GEF
Filing Date: 2025-08-28
Form Type: 10-Q
Source: 0000043920-25-000048
Chunk: 108

Company: GREIF, INC
Filing Date: 2025-08-28
Form: 10-Q
Item: Part I, Item 8
Chunk 108
---
 Results

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

Three Months EndedJuly 31,(in millions)20252024Net sales:Customized Polymer Solutions$339.8 $314.7 Durable Metal Solutions399.8 424.1 Sustainable Fiber Solutions308.0 325.6 Integrated Solutions87.1 100.5 Total net sales$1,134.7 $1,164.9 Operating profit:Customized Polymer Solutions$8.8 $9.6 Durable Metal Solutions37.6 36.2 Sustainable Fiber Solutions23.2 35.9 Integrated Solutions3.5 55.0 Total operating profit$73.1 $136.7 Adjusted EBITDA:Customized Polymer Solutions$39.4 $40.5 Durable Metal Solutions47.7 45.6 Sustainable Fiber Solutions65.5 57.1 Integrated Solutions8.1 13.8 Total Adjusted EBITDA$160.7 $157.0 

The following table sets forth Adjusted EBITDA, reconciled to net income and operating profit, for our consolidated results for the three months ended July 31, 2025 and 2024:

Three Months EndedJuly 31,(in millions)20252024Net income from continuing operations$44.7 $84.5 Plus: interest expense, net14.5 18.8 Plus: other expense, net2.8 0.8 Plus: income tax expense11.8 33.5 Plus: equity earnings of unconsolidated affiliates, net of tax(0.7)(0.9)Operating profit73.1 136.7 Less: equity earnings of unconsolidated affiliates, net of tax(0.7)(0.9)Plus: depreciation, depletion and amortization expense58.8 59.0 Plus: acquisition and integration related costs1.2 2.0 Plus: restructuring and other charges25.2 2.7 Plus: non-cash asset impairment charges3.4 0.2 Plus: gain on disposal of properties, plants and equipment, net(2.6)(3.4)Plus: gain on disposal