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Packaging major raises FY25 profit guidance after Q3 EPS beat
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Global packaging firm posted Q3 EPS $2.
A leading global packaging manufacturer reported Q3 EPS of $2.24, beating estimates of $1.99, and raised FY2025 profit guidance to $7.80 per share. Revenue grew 6% to $4.7 billion on strong food and pharma demand and lower input costs. Operating margin improved to 12.9%, while the company announced plans for a $500 million capacity expansion in Asia to meet rising sustainable-packaging orders.