Industry News, Printers News

Sonoco Issues 2024 Annual Report

The annual report details the company’s 2024 financial results and strategy following the acquisition of Eviosys.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Sonoco Products Company issued its 2024 Annual Report to Shareholders and announced the date for its 2025 annual general meeting.

The annual report details the company’s 2024 financial results, its strategy and the transformation of the business following the acquisition of Eviosys, Europe’s leading food cans, ends and closures manufacturer, as well as the announced sale of its Thermoforming and Flexible Packaging operations to TOPPAN Holdings Inc.

“2024 was a milestone year in achieving our strategy to transform Sonoco into a simpler, stronger and more sustainable company,” Howard Coker, president and CEO, wrote in his letter to shareholders. “Sonoco today is a global leader of value-added sustainable metal and fiber Consumer and Industrial Packaging with products, technology and a market presence that positions us to consistently win in the marketplace.”

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