Reynolds Q4/FY 2024 Net Income up 18% to $352M; Adj EBITDA $678M; Leverage 2.3x

Reynolds Consumer Products Inc.

2024-FY EPS reported $1.67 revenue$3,695,000,000

Net revenues $3,695M vs $3,756M in 2023; retail net revenues $3,518M vs $3,559M.
Net income $352M, up 18% YoY; Adj. EBITDA $678M, up 7%; EPS $1.67 vs $1.42.
Operating cash flow $489M; net debt leverage improved from 2.7x to 2.3x.
Retail volume down 1% for full year due to portfolio optimization; Q4 volume accelerated.
CEO cites strong brands and expects growth, margin expansion, and shareholder returns.

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