The EMEA price adjustment mirrors broader input-cost inflation in packaging, manufacturers are passing on increases to protect margins amid supply disruptions and persistent price pressures.
The appointment follows Sonoco’s earlier move to unify its global Consumer Packaging businesses under Haynes, formalised this month and creating one of the group’s largest divisions.
Sonoco’s CEO explained that the company is proud of the team’s solid performance in the first quarter despite disruptions from severe winter weather, a fire that destroyed a recycling facility in South Carolina, and rapidly changing macroeconomic and geopolitical conditions.
The new structure will consist of two divisions: Consumer Packaging EMEA/APAC and Consumer Packaging Americas.
The company adjusted its full-year 2025 guidance, now expecting adjusted diluted EPS between US$5.65 and US$5.75.
The company has also expanded its electric vehicle programme.
The surge in revenue was largely driven by the acquisition of Titan Holdings I (Eviosys) in December 2024.