Greystone Logistics Reports 3rd Quarter Earnings
Greystone Logistics (GLGI), a green manufacturer of recycled plastic pallets, has reported its Q3 2025 financial results. The company achieved quarterly revenue of $14.3 million and nine-month revenue of $39.9 million, with EBITDA of $3.0 million and $6.8 million respectively.
In a significant move to enhance shareholder value, the board authorized $2.1 million to redeem part of the $5 million preferred stock outstanding from cash reserves. Additionally, the company has purchased over 500,000 common shares through its previously announced stock buyback program.
CEO Warren Kruger expressed confidence in the company's future performance and expects similar results in Q4. Greystone's business model focuses on manufacturing high-quality 100% recycled plastic pallets using proprietary technology and recycled plastic resins, serving industries including food and beverage, automotive, chemical, and pharmaceutical sectors.
Greystone Logistics (GLGI), produttore ecologico di pallet in plastica riciclata, ha comunicato i risultati finanziari del terzo trimestre 2025. L'azienda ha registrato un fatturato trimestrale di 14,3 milioni di dollari e un fatturato nei primi nove mesi di 39,9 milioni di dollari, con un EBITDA rispettivamente di 3,0 milioni e 6,8 milioni di dollari.
In un'importante iniziativa per aumentare il valore per gli azionisti, il consiglio di amministrazione ha autorizzato l'utilizzo di 2,1 milioni di dollari per il riacquisto parziale di azioni privilegiate per un valore di 5 milioni di dollari, utilizzando le riserve di liquidità. Inoltre, la società ha acquistato oltre 500.000 azioni ordinarie attraverso il programma di riacquisto azionario annunciato in precedenza.
Il CEO Warren Kruger ha espresso fiducia nelle prospettive future dell'azienda, prevedendo risultati simili anche nel quarto trimestre. Il modello di business di Greystone si basa sulla produzione di pallet di alta qualità realizzati al 100% con plastica riciclata, grazie a una tecnologia proprietaria e resine di plastica riciclata, servendo settori quali alimentare e bevande, automotive, chimico e farmaceutico.
Greystone Logistics (GLGI), fabricante ecológico de pallets de plástico reciclado, ha reportado sus resultados financieros del tercer trimestre de 2025. La empresa alcanzó ingresos trimestrales de 14,3 millones de dólares y unos ingresos acumulados en nueve meses de 39,9 millones de dólares, con un EBITDA de 3,0 millones y 6,8 millones respectivamente.
En una medida significativa para aumentar el valor para los accionistas, la junta autorizó 2,1 millones de dólares para redimir parte de las acciones preferentes en circulación por un valor de 5 millones de dólares, utilizando reservas de efectivo. Además, la compañía ha comprado más de 500,000 acciones comunes mediante su programa de recompra de acciones anunciado previamente.
El CEO Warren Kruger expresó confianza en el desempeño futuro de la empresa y espera resultados similares en el cuarto trimestre. El modelo de negocio de Greystone se centra en la fabricación de pallets de plástico 100% reciclado de alta calidad, utilizando tecnología propia y resinas plásticas recicladas, atendiendo a industrias como alimentos y bebidas, automotriz, química y farmacéutica.
Greystone Logistics (GLGI)는 재활용 플라스틱 팔레트의 친환경 제조업체로, 2025년 3분기 재무 실적을 발표했습니다. 회사는 분기 매출 1,430만 달러와 9개월 누적 매출 3,990만 달러를 기록했으며, EBITDA는 각각 300만 달러와 680만 달러를 달성했습니다.
주주 가치를 높이기 위한 중요한 조치로 이사회는 현금 보유고에서 500만 달러의 우선주 일부를 상환하기 위해 210만 달러를 승인했습니다. 추가로, 회사는 이전에 발표한 자사주 매입 프로그램을 통해 50만 주 이상의 보통주를 매입했습니다.
CEO 워렌 크루거는 회사의 향후 실적에 대해 자신감을 표명하며 4분기에도 유사한 결과를 기대한다고 밝혔습니다. 그레이스톤의 비즈니스 모델은 독자적인 기술과 재활용 플라스틱 수지를 사용하여 100% 재활용 플라스틱 팔레트를 고품질로 제조하며, 식음료, 자동차, 화학 및 제약 산업을 포함한 다양한 분야에 서비스를 제공합니다.
Greystone Logistics (GLGI), fabricant écologique de palettes en plastique recyclé, a publié ses résultats financiers du troisième trimestre 2025. L'entreprise a réalisé un chiffre d'affaires trimestriel de 14,3 millions de dollars et un chiffre d'affaires sur neuf mois de 39,9 millions de dollars, avec un EBITDA de 3,0 millions et 6,8 millions respectivement.
Dans une démarche importante pour accroître la valeur pour les actionnaires, le conseil d'administration a autorisé l'utilisation de 2,1 millions de dollars pour racheter une partie des actions privilégiées en circulation d'une valeur de 5 millions de dollars, à partir des réserves de trésorerie. De plus, la société a racheté plus de 500 000 actions ordinaires dans le cadre de son programme de rachat d'actions précédemment annoncé.
Le PDG Warren Kruger a exprimé sa confiance dans les performances futures de l'entreprise et prévoit des résultats similaires au quatrième trimestre. Le modèle économique de Greystone repose sur la fabrication de palettes de haute qualité 100 % en plastique recyclé, utilisant une technologie propriétaire et des résines plastiques recyclées, desservant des secteurs tels que l'alimentation et les boissons, l'automobile, la chimie et la pharmacie.
Greystone Logistics (GLGI), ein grüner Hersteller von recycelten Kunststoffpaletten, hat seine Finanzergebnisse für das dritte Quartal 2025 veröffentlicht. Das Unternehmen erzielte einen Quartalsumsatz von 14,3 Millionen US-Dollar und einen Umsatz in den ersten neun Monaten von 39,9 Millionen US-Dollar, mit einem EBITDA von 3,0 Millionen bzw. 6,8 Millionen US-Dollar.
In einem bedeutenden Schritt zur Steigerung des Aktionärswerts genehmigte der Vorstand 2,1 Millionen US-Dollar für die Rücknahme eines Teils der im Umlauf befindlichen Vorzugsaktien im Wert von 5 Millionen US-Dollar aus den Barreserven. Darüber hinaus hat das Unternehmen im Rahmen seines zuvor angekündigten Aktienrückkaufprogramms über 500.000 Stammaktien zurückgekauft.
CEO Warren Kruger zeigte sich zuversichtlich hinsichtlich der zukünftigen Entwicklung des Unternehmens und erwartet ähnliche Ergebnisse im vierten Quartal. Das Geschäftsmodell von Greystone konzentriert sich auf die Herstellung hochwertiger Paletten aus 100 % recyceltem Kunststoff unter Verwendung proprietärer Technologie und recycelter Kunststoffharze und bedient Branchen wie Lebensmittel und Getränke, Automobil, Chemie und Pharma.
- Strong Q3 EBITDA of $3.0 million on $14.3 million revenue
- $2.1 million preferred stock redemption demonstrates financial strength
- Successful buyback of over 500,000 common shares enhancing shareholder value
- Management expects continued strong performance in Q4 2025
- None.
TULSA, Okla., April 15, 2025 (GLOBE NEWSWIRE) -- Greystone Logistics (GLGI), the leading manufacturer of recycled plastic pallets and providing sustainable logistics solutions, announces three- and nine-month results for the period ending February 28, 2025. Revenue for the quarter was
CEO Warren Kruger commented "I am proud our team delivered strong financial results for the quarter. During the quarter, the board authorized
About Greystone Logistics
Greystone Logistics is a “green” manufacturing company that reprocesses recycled plastic and designs, manufactures and sells high-quality
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Conference Call-today, April 15, 2025 at 2:00 PM ET, hosted by Warren Kruger, President and CEO.
Conference ID is Greystone. Participant Dial-in information is Toll-Free Number, 888-999-6281, or Direct/International Number, +1-848-280-6550. A Q&A session will be available.
Non-GAAP Financial Measure
This press release contains disclosure of EBITDA, which is a non-GAAP financial measure within the meaning of Regulation G promulgated by the Securities and Exchange Commission.
Contact
Brendan Hopkins
Investor Relations
Email: investorrelations@greystonelogistics.com
Phone : (407) 645-5295
https://www.greystonepallets.com
FAQ
What are Greystone Logistics (GLGI) Q3 2025 revenue and EBITDA figures?
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