DA Davidson Downgrades Greif Inc. (GEF) to Neutral

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Go back to DA Davidson Downgrades Greif Inc. (GEF) to Neutral

Greif Reports Third Quarter 2016 Results

August 31, 2016 4:15 PM EDT

DELAWARE, Ohio--(BUSINESS WIRE)-- Greif, Inc. (NYSE:GEF, GEF.B), a world leader in industrial packaging products and services, announced third quarter 2016 results. Pete Watson, President and Chief Executive Officer, stated, Greifs third quarter results reflect improvement across most of our portfolio despite a sluggish industrial economy. Margins expanded year over year, and we continue to benefit from a strong operational performance in our Rigid Industrial Packaging and Services segment. This offset market headwinds impacting our Paper Packaging and Services business. We remain firmly focused on all of those business levers within our control - customer service excellence,... More