Greif Q1 adjusted EBITDA up 24%; $130M share buybacks; reaffirms FY 2026 guidance

GREIF, INC

Net income from continuing ops $176.6M vs $6.6M; adjusted EPS $0.48 vs $0.20, up 146%.
Adjusted EBITDA rose 24% to $122.5M; $65M run-rate cost savings achieved.
Repurchased $130M of shares in Q1; board authorized additional $300M buyback.
Leverage ratio fell to 1.2x from 3.6x after debt repayment from $1.8B containerboard sale.
Reaffirms FY 2026 outlook: Adj. EBITDA $630M and Adj. FCF $315M.

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