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GEF Boosts Debt-Reduction Efforts With Sale of Containerboard Business

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Key Takeaways

  • Greif completed the sale of its containerboard unit to Packaging Corp.
  • The divestment aligns with GEF's Build to Last strategy, enhancing capital efficiency.
  • GEF updated its 2025 EBITDA guidance to $507-$517M, excluding the sold business.

Greif, Inc. (GEF - Free Report) announced that it closed the sale of its containerboard business to Packaging Corporation of America (PKG - Free Report) . This move will help Greif's debt-reduction efforts and boost its capital efficiency.

Details on GEF-PKG Deal

Greif inked a definitive agreement with Packaging Corp on July 1, 2025. 

GEF’s containerboard business includes two containerboard mills. These have a production capacity of 800,000 tons. The business also includes eight sheet feeder  and corrugated plants located across the United States.

Greif generated revenues of $1.2 billion and EBITDA of $212 million from its containerboard business in the fiscal year ended on April 30, 2025.

This sale aligns with Greif’s Build to Last strategy, creating immediate value for shareholders. It marks a significant step toward portfolio optimization, capital efficiency and accelerated growth. Improved capital efficiency will help the company reduce the need for recurring capital expenditure, allowing it to pay down debt and unlock value-creation opportunities.

GEF Updates FY25 Guidance

Greif is updating its fiscal 2025 adjusted EBITDA guidance to reflect the divestment. The updated guidance excludes $168 million in adjusted EBITDA year to date and $50 million in anticipated fourth-quarter performance from the containerboard business. It expects adjusted EBITDA of $507-$517 million, which only includes continuing operations. 

The company updated its adjusted free cash flow guidance to $290-$300 million from the prior mentioned $305-$315 million.

Greif’s Stock Price Performance

The company’s shares have gained 7.2% in a year against the industry’s 9.9% decline.

 

Zacks Investment Research Image Source: Zacks Investment Research

 

GEF’s Zacks Rank & Stocks to Consider

Greif currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks from the Industrial Products sector are Flowserve Corporation (FLS - Free Report) and Life360, Inc. (LIF - Free Report) . FLS sports a Zacks Rank #1 (Strong Buy), and LIF has a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Flowserve’s 2025 earnings is pegged at $3.34 per share, indicating a year-over-year increase of 27%. Flowserve’s shares have gained 14.5% in a year.

Life360 delivered an average trailing four-quarter earnings surprise of 487%. The Zacks Consensus Estimate for LIF’s 2025 earnings is pinned at 29 cents per share, which indicates a year-over-year upsurge of 583%. Life360’s shares have skyrocketed 137.8% in a year.

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