Improved Safety Performance
Achieved a 13% reduction in injuries compared to the same quarter last year, with 73% of sites remaining injury-free for over a year.
Volume Growth
Overall volumes for the fiscal first quarter were up approximately 2% compared with 1% in Q4. Excluding weak segments, volumes increased by 4%.
Earnings Growth
Adjusted earnings per share grew by 5% on a comparable constant currency basis, with adjusted EBIT margin improving by 50 basis points to 10.9%.
Flexibles Segment Performance
Q1 volumes were up 3% compared with last year, with adjusted EBIT margins up 40 basis points to 12.9%.
Dividend Increase
Board increased the quarterly dividend per share by 2% to $0.1275.
Strategic Initiatives
Focused on leveraging innovation centers and enhancing customer relationships to drive organic growth.