Customer loss or repricing
The company competes in highly competitive markets and regularly bids for business.
- Scope
- Consumer Packaging and Industrial Paper Packaging
- Materiality
- high
Sonoco Products Company
Sonoco Products Company is a U.S.-based packaging manufacturer founded in 1899 and headquartered in Hartsville, South Carolina. It designs and produces engineered packaging across consumer and industrial end markets, including paperboard, metal, and other packaging formats, with operations spanning a broad global footprint.
20,4 %
20,9 %
13,3 %
+41,7 %
1.05
0.60
| % | |
|---|---|
| Consumer Packaging | 55% Packaging products used by consumer brands for food, beverage, and household goods. |
| Industrial Paper Packaging | 25% Paper-based packaging and related products used for shipping, protection, and industrial applications. |
| Metal Packaging | 15% Food cans, ends, and closures used in shelf-stable and aerosol packaging. |
| All Other Businesses | 5% Smaller businesses including specialty packaging and temperature-assured solutions. |
Sonoco sells primarily to consumer products and industrial products companies that use its packaging for sale or...
- Consumer products companiesprimary
Buy packaging for food, beverage, household, and personal care products to support shelf presentation and distribution.
- Industrial products companiesprimary
Buy paper-based and protective packaging for shipment, handling, and storage of industrial goods.
- Food and beverage brandsprimary
Buy metal cans, ends, and closures for shelf-stable food and aerosol applications.
- Specialty and temperature-sensitive shipperssecondary
Buy temperature-assured packaging for products that require controlled transit conditions.
Sonoco operates globally from roughly 285 locations in 40 countries, with manufacturing and sales spread across North...
- •Operations span approximately 285 locations in 40 countries
- •North America remains a core manufacturing and customer base
- •Europe is important for metal packaging and paper packaging
- •Asia-Pacific and Latin America add global customer reach
- •International footprint creates FX and trade policy exposure
Sonoco’s strategy centers on simplifying its portfolio around larger core businesses while expanding its position in...
01
Portfolio simplificationmedium-term
A narrower portfolio can reduce operating complexity and sharpen management focus.
02
Global metal packaging expansionmedium-term
Metal packaging broadens the product mix and deepens relationships with multinational food and aerosol customers.
03
Customer-specific innovationlong-term
Customized packaging helps defend share in competitive end markets and supports premium solutions.
Sonoco faces cyclical demand and intense competition across packaging and adjacent industrial markets, where customer...
Foreign exchange and international operating risk
A large share of operations and cash flows are outside the U.S., creating translation and operating exposure.
- Scope
- Europe, Latin America, Asia-Pacific
- Materiality
- high
Goodwill impairment
Acquired businesses carry goodwill that must be tested against future performance and discount rates.
- Scope
- Metal Packaging EMEA and Global Paper Products APAC
- Materiality
- high
Trade policy and global regulation
Changes in tariffs, trade rules, and cross-border regulations can affect sourcing, pricing, and demand.
- Scope
- Global supply chain and export/import flows
- Materiality
- medium
Product innovation and substitution
Packaging demand depends on customer preferences and the ability to adapt to new formats and materials.
- Scope
- All packaging categories
- Materiality
- medium
Goodwill impairment
Could create non-cash charges if reporting unit fair values decline
Derivatives and foreign currency hedging
Can affect OCI, earnings volatility, and cash flow presentation
Restructuring and impairment estimates
May materially affect operating income in affected periods
Environmental liabilities and contingencies
Can affect liabilities and expense recognition
: 29.4.2026