Berry Global Group (BERY) Tops Q1 EPS by 4c, Reaffirms Guidance

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Berry Announces First Quarter 2025 Results

February 4, 2025 9:15 AM EST

Strategy Update

Successful completion of the spin of Berrys Health, Hygiene and Specialties Global Nonwovens and Films Business (HHNF) and merger with Glatfelter Corporation in November Entered into a definitive merger agreement with Amcor, to combine, in an all-stock transaction and expected to be completed in the middle of calendar 2025 Announcement of the sale of our Tapes business; Closed in early February 2025

First Quarter Highlights

GAAP: Net sales of $2.4 billion; Operating income of $152 million; Earnings per share of $0.69 Non-GAAP: Operating EBITDA of $378 million; Adjusted... More