Sonoco Products Company issued a press release on February 17, 2026, announcing updates to its value creation strategy, 2026-2028 financial targets including ~$1.5 billion adjusted EBITDA and ~200 basis points margin expansion by 2028, and capital allocation plan at its 2026 Investor Day. A webcast replay and presentation are available on www.sonoco.com.
Key takeaways
Achieving adjusted EBITDA of ~$1.5 billion by end of 2028
Expanding adjusted EBITDA margins by ~200 basis points by end of 2028
Targeting cumulative Cash Flow from Operations of ~$2.5 billion (2026-2028)
Maintaining capital expenditures at ~4% of sales (2026-2028)
Targeting long-term net leverage below 2.5x by end of 2028
Continuing over 100 years of consecutive dividend payments and future share repurchases