earnings
confidence high
sentiment neutral
materiality 0.70
Sonoco corrects FY2025 cash flow guidance to $800M-$900M, reports Q4 GAAP loss
SONOCO PRODUCTS CO
2024-FY EPS reported
$1.65
revenue$5,305,365,000
- Q4 GAAP net loss $43M (diluted EPS -$0.44); adjusted EPS $1.00, down 2% YoY.
- FY2024 net sales $5,305M (-3% YoY); adjusted EPS $4.89 vs $5.26 prior year.
- Completed Eviosys acquisition Dec 4; agreement to sell TFP to TOPPAN for ~$1.8B.
- FY2025 guidance: ~20% growth in adjusted net income; corrected cash flow from ops $800M-$900M.
- Q4 adjusted EBITDA $247M (+5% YoY); record capex $378M in 2024.