Graphic Packaging Holding Company (GPK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone. Welcome to Graphic Packaging Second Quarter 2025 Earnings Call. At this time, all participants have been placed on the listen-only mode, and the floor will be open for questions and comments after your presentation. It is now my pleasure to turn the floor over to your host, Mark Connolly. The floor is yours. Good morning. We have with us today Mike Das, President and Chief Executive Officer of and Steve Scherger, Executive Vice President and Chief Financial Officer. During this call, we will reference our second quarter 2025 earnings presentation available through this webcast and on our website at www.graphicpkg.com. Today's presentation will include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include but are not limited to the factors identified in today's press release and in our SEC filings. Now let me turn the call over to Mike. Thank you, Mark. Good morning, everyone, and thank you for joining our call today. Graphic Packaging is a global leader in sustainable consumer packaging. In the second quarter, We saw a continuation of uneven volumes as consumers remained stretched. Promotional activity helped drive modest volume improvement in some categories. Conversations with our customers suggest potential for an increase in focus on volume growth and protecting their market share in the quarters ahead. Meanwhile, the last major investment in our vision 2025 is nearing completion, and we expect to generate cash substantially in excess of our needs beginning in 2026. In the second quarter, graphic packaging sales were $2....