Strong Revenue Growth
Revenue grew 13.4% year-over-year to $5.97B in Q1 FY2026, up from $5.26B in the prior-year period, reflecting meaningful top-line momentum likely driven by volume gains and/or pricing improvements following the DS Smith acquisition integration.
Return to Profitability
Net income swung to $60M from a loss of $105M in Q1 FY2025, a 157.1% improvement, indicating that cost management and revenue growth are beginning to translate into bottom-line recovery.
Operating Cash Flow Turnaround
Operating cash flow surged 312.2% to $611M from negative $288M in the prior year, signaling a significant improvement in the company's ability to generate cash from its core operations.