Sonoco’s third quarter of 2025 delivered record top-line and bottom-line results, largely driven by its December 2024 acquisition of Eviosys. The company reported $2.13 billion in net sales—up 57.3% year-over-year (YoY)—with consumer packaging sales leading the growth at $1.44 billion (a 117.2% YoY jump) thanks to expanded metal packaging offerings from Eviosys. Industrial packaging sales stayed flat at $585 million, while net income rose to $123.1 million, a significant increase from $51.2 million in Q3 2024. Sonoco noted the revenue gains also came from price hikes implemented to offset tariffs and inflation impacts.
In metal packaging, the business saw mixed U.S. results: food can volumes climbed 5% YoY, but aerosol volumes dipped slightly. Globally, though, Europe and other regions posted growth following the Eviosys acquisition, pushing total food can units up 3.5% YoY. The company said it’s working on “footprint rationalization” (optimizing operations) and plans to move beyond seasonal products like vegetables by investing in pet food and seafood packaging opportunities in Eastern Europe in 2026. Sonoco also remains on track to hit $100 million in annual run-rate synergies from Eviosys by the end of 2026; interim CEO of Sonoco Metal Packaging EMEA Rodger Fuller explained procurement synergies were delayed in 2025 due to the late acquisition close but will be accelerated next year.
For paper products, global rigid paper container volumes stayed soft, though CEO Howard Coker highlighted focus areas like reigniting growth in “global stacked chips” packaging and launching new all-paper cans and paper-bottom cans to replace less sustainable materials. Operationally, Sonoco recently closed a 25,000-ton-per-year URB machine in Mexico City to remove an older, higher-cost asset and better balance its North American mill network, with its mill network now operating “in the low 90s” capacity.
Separately, Sonoco announced in September it agreed to sell ThermoSafe—its temperature-assured packaging business—to private equity firm Arsenal Capital Partners for up to $725 million. Expected to close in Q4, the sale will simplify Sonoco’s portfolio into two core global business segments, and proceeds will go toward paying down debt, with a target leverage ratio of approximately 3.4x by the end of 2025.
Looking at full-year 2025 guidance, Sonoco lowered some targets due to “subdued market conditions” outside the U.S., which led to negative trends in August, September, and into Q4. The company now expects adjusted EBITDA between $1.3 billion and $1.35 billion (tightening its prior $1.3–$1.4 billion range), operating cash flow of $700–$750 million (down from the previous $800 million forecast), and revenue of $7.8–$7.9 billion. CEO Coker emphasized that for the rest of the year, Sonoco’s top priorities are building growth momentum, improving its competitive position by cutting costs, and preparing new product and market launches for 2026 and beyond in both consumer and industrial businesses. The company also announced an investor day in New York on February 17.
Anhui Biopin IOT Group
IPv6 network supported
