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.
USA – Sustainable packaging provider Sonoco has acquired the remaining stake in RTS Packaging from WestRock, as well as a WestRock paper mill in Chattanooga,…