Greif reports Q2 2026 with 7.5% rise in adjusted EBITDA and strong cash flow despite lower net income.

Greif, Inc. announced its fiscal Q2 2026 results, showing a 7.5% increase in adjusted EBITDA to $156.8 million and a significant rise in adjusted free cash flow to $179.3 million. Net income fell 32.3% to $12.6 million due to various adjustments and market softness. The company completed a $150 million share buyback and refinanced debt, reducing leverage to 1.1x, strengthening its financial position. Greif remains cautious about demand due to ongoing geopolitical tensions and industrial softness, focusing on cost control and cash generation while pursuing selective growth opportunities.