Greif, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2023
December 06, 2023 at 04:15 pm EST
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Greif, Inc. reported earnings results for the fourth quarter and full year ended October 31, 2023. For the fourth quarter, the company reported sales was USD 1,308.4 million compared to USD 1,495.8 million a year ago. Net income was USD 67.8 million compared to USD 99.5 million a year ago.
For the full year, sales was USD 5,218.6 million compared to USD 6,349.5 million a year ago. Net income was USD 359.2 million compared to USD 376.7 million a year ago.
Greif, Inc. is engaged in industrial packaging products and services. The Company principally manufactures rigid industrial packaging products, such as steel, fiber and plastic drums, rigid intermediate bulk containers, jerrycans and other small plastics, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. The Company produces and sells containerboard, corrugated sheets, corrugated containers and other corrugated products to customers in North America in industries, such as packaging, automotive, food and building products. The Company also produces and sells coated recycled paperboard and uncoated recycled paperboard, some of which are used to produce and sell industrial products (tubes and cores, construction products and protective packaging).
GREIF, INC. 
