Sonoco Products Co. has announced its strategic plans and financial targets for 2026-2028, focusing on achieving approximately $1.5 billion in adjusted EBITDA by the end of 2028 and expanding adjusted EBITDA margins by around 200 basis points. The company is targeting cumulative cash flow from operations of about $2.5 billion over the period, maintaining capital expenditures at approximately 4% of sales, and reducing long-term net leverage to below 2.5x by the end of 2028. Sonoco also plans to continue its record of consecutive dividend payments and pursue future share repurchases as part of its capital return strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonoco Products Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9655410-en) on February 17, 2026, and is solely responsible for the information contained therein.