earnings
confidence high
sentiment neutral
materiality 0.85
Sonoco reports Q4 GAAP loss of $43M; adjusted EPS $1.00; guides 2025 growth ~20%
SONOCO PRODUCTS CO
2024-FY EPS reported
$1.65
revenue$5,305,365,000
- Q4 GAAP net loss $43M, diluted EPS ($0.44); adjusted net income $100M, adjusted EPS $1.00 (down 2% YoY).
- Full-year 2024 net sales $5.3B (-3% YoY); adj. EBITDA $1.035B (-3%).
- Completed acquisition of Eviosys, Europe's leading food cans maker, on Dec 4, 2024.
- Agreed to sell Thermoformed & Flexibles Packaging (TFP) to TOPPAN Holdings for ~$1.8B.
- Guides 2025 adjusted net income growth ~20%; Q4 adj. EBITDA up 4.6% to $247M.