Sonoco Products Company reported record first-quarter 2025 consolidated net sales of $1.71 billion, a significant 31% increase year-over-year, excluding discontinued operations. Adjusted EBITDA surged 38% to $338 million, with the adjusted EBITDA margin expanding by 170 basis points to 16.6%.
Adjusted earnings per share (EPS) for the quarter rose 23% to $1.38, despite higher-than-expected interest expense, taxes, and negative currency exchange rates. The Consumer Packaging segment was a primary growth driver, with sales increasing 83% and adjusted EBITDA jumping 127%, largely due to the Eviosys acquisition and approximately 10% organic volume/mix growth in the U.S. metal business.
Sonoco reaffirmed its full-year 2025 guidance, maintaining its operational and financial targets despite economic uncertainty. The company also announced that its net leverage ratio is now below 4.0X Net Debt/Adjusted EBITDA, remaining on track to achieve its targeted 3.0X to 3.3X by the end of 2026 following the TFP divestiture.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.