Sonoco Products Company (SON), on Monday, reported fourth-quarter net income attributable to the company of $332.2 million, up from a loss of $43.0 million in the same period in 2024.
Operating profit for the period was $520.2 million, up from $56.1 million in the same period in 2024. Earnings per share attributable to Sonoco were $3.33, up from a loss per share of $0.44 in the same period in 2024, primarily due to the gain on the sale of the business.
Adjusted net income attributable to Sonoco improved by 5.1% year-over-year to $104.7 million, and adjusted earnings per share were $1.05.
Fourth-quarter net sales grew to $1.77 billion, up 29.7% from $1.36 billion in the prior-year quarter, primarily from acquisition activity
Looking forward to the full year, the company expects adjusted earnings per share of $5.80 to $6.20.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.