Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $41.00 USD
Change Today -0.56 / -1.35%
Volume 210.4K
GEF On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

greif inc-cl a (GEF) Snapshot

Open
$41.71
Previous Close
$41.56
Day High
$42.05
Day Low
$40.80
52 Week High
06/13/14 - $56.53
52 Week Low
03/11/15 - $35.85
Market Cap
2.1B
Average Volume 10 Days
197.5K
EPS TTM
$2.48
Shares Outstanding
25.7M
EX-Date
03/17/15
P/E TM
16.5x
Dividend
$1.68
Dividend Yield
4.10%
Current Stock Chart for GREIF INC-CL A (GEF)

Related News

No related news articles were found.

greif inc-cl a (GEF) Related Businessweek News

No Related Businessweek News Found

greif inc-cl a (GEF) Details

Greif, Inc. produces and sells industrial packaging products worldwide. The company’s Rigid Industrial Packaging & Services segment provides rigid intermediate bulk containers, closure systems, transit protection products, water bottles, and remanufactured and reconditioned industrial containers, as well as steel, fiber, and plastic drums; and container lifecycle management, blending, filling and other packaging, logistics, and warehousing services. This segment sells its products to customers in the chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agricultural, pharmaceutical, mineral, and other industries. Its Paper Packaging segment provides containerboard, corrugated sheets, corrugated containers, and other corrugated products to customers in packaging, automotive, food, and building products industries. This segment’s corrugated container products are used to ship home appliances, small machinery, grocery products, building products, automotive components, books and furniture, and other applications. The company’s Flexible Products & Services segment offers flexible intermediate bulk containers and related services to agricultural, food, and other industries. Its Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use land. As of October 31, 2014, this segment owned approximately 250,200 acres of timber property in the southeastern United States and approximately 5,300 acres of timber property in Canada. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

13,325 Employees
Last Reported Date: 01/21/15
Founded in 1877

greif inc-cl a (GEF) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.0M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $300.0K
Chief Operating Officer and President of Sote...
Total Annual Compensation: $506.3K
Senior Vice President and Group President of ...
Total Annual Compensation: $512.9K
Acting Chief Administrative Officer, Executiv...
Total Annual Compensation: $576.2K
Compensation as of Fiscal Year 2014.

greif inc-cl a (GEF) Key Developments

Greif, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2015; Reaffirms Earnings Guidance for the Year 2015; Reports Non-Cash Asset Impairment Charges for the First Quarter Ended January 31, 2015

Greif, Inc. reported unaudited consolidated earnings results for the first quarter ended January 31, 2015. For the quarter, the company reported first quarter 2015 net income attributable to the corporation totaling of $30.1 million or $0.52 per diluted Class A share and $0.76 per diluted Class B share on sales of $902.3 million compared with net income of $30.7 million or $0.53 per diluted Class A share and $0.78 per diluted Class B share on sales of $1,001.5 million in the first quarter of 2014. Operating profit was $65.4 million against $71.4 million a year ago. Income before income tax expense and equity earnings of unconsolidated affiliates, net was $45.7 million against $48.2 million a year ago. Net cash used in operating activities was $71.0 million against $62.8 million a year ago. Purchases of properties, plants, and equipment and timber properties were $53.5 million against $42.5 million a year ago. Net debt as on January 31, 2015 was $1,150.7 million against $1,068.0 million as on October 31, 2014. EBITDA was $99.9 million against $107.8 million a year ago. Capital expenditures were $28.1 million against $34.5 million a year ago. Total operating profit before special items was $42.3 million against $65.3 million a year ago. Total EBITDA before special items was $76.8 million against $101.7 million a year ago. Net income attributable to the company excluding special items was $16.7 million or $0.30 per class share against $26.6 million or $0.46 per class share a year ago. Net sales for the 2015 first quarter, excluding acquisitions and divestitures, were 6% below the same period last year due to the impact of foreign currency changes. For the first quarter, the company reported non-cash asset impairment charges of $0.2 million against $0.2 million a year ago. The company reaffirmed its earnings guidance for the fiscal year 2015. For the year, the company expects that foreign currency matters will continue to present challenges for the company as the strengthening of the USD against other currencies will continue to impact the company’s revenues and net income. The company is continuing to execute restructuring plans and facility closures and pursuing the sale of select non-core assets as part of the company’s overall strategic transformation, which are expected to result in significant impairment and restructuring charges in the remainder of 2015. Based on these factors, fiscal 2015 adjusted Class A earnings per share remains in the range of $2.25 to $2.35, excluding gains and losses on the sales of businesses, timberland and property, plant and equipment, and acquisition related costs, as well as restructuring and impairment charges.

Greif May Sell Non-Core Assets

Greif, Inc. (NYSE:GEF) may sell non-core assets. Greif said, "We are continuing to execute restructuring plans and facility closures and pursuing the sale of select non-core assets as part of our overall strategic transformation, which are expected to result in significant impairment and restructuring charges in the remainder of 2015."

Greif, Inc. Declares Dividends for the First Quarter 2015, Payable on April 1, 2015

The Board of Directors of Greif, Inc. declared quarterly cash dividends of $0.42 per share of Class A Common Stock and $0.63 per share of Class B Common Stock. The dividends are payable on April 1, 2015 to shareholders of record at close of business on March 19, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GEF:US $41.00 USD -0.56

GEF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boise Cascade Co $35.13 USD -0.89
Cascades Inc C$6.60 CAD -0.34
PH Glatfelter Co $24.54 USD -0.58
Silgan Holdings Inc $54.56 USD -0.73
SPX Corp $77.04 USD -2.32
View Industry Companies
 

Industry Analysis

GEF

Industry Average

Valuation GEF Industry Range
Price/Earnings 21.8x
Price/Sales 0.5x
Price/Book 1.8x
Price/Cash Flow 11.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GREIF INC-CL A, please visit www.greif.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.