Sign in

    Richard Carlson • Wells Fargo

    Richard Carlson's questions to Ball Corp (BALL) leadership

    Richard Carlson's questions to Ball Corp (BALL) leadership • Q2 2025

    Question

    Richard Carlson, on for Gabe Hajde, asked about the impact of scrap metal pricing on the business.

    Answer

    Chairman & CEO Daniel Fisher stated that the impact from scrap metal pricing is 'negligible' because most contracts are tolling arrangements where the customer controls the metal. He added that the company is more concerned about the broader economic demand impact from tariffs than any isolated movements in the metal market.

    Ask Fintool Equity Research AI

    Richard Carlson's questions to Ardagh Metal Packaging SA (AMBP) leadership

    Richard Carlson's questions to Ardagh Metal Packaging SA (AMBP) leadership • Q2 2025

    Question

    Richard Carlson from Wells Fargo followed up on the conservative back-half guidance, asking about cost drivers and growth rate changes. He also inquired about energy drink market dynamics, potential CSD cannibalization, and any customer feedback on the 'MAHA movement' towards less artificial ingredients.

    Answer

    CEO Oliver Graham clarified the H2 guidance reflects appropriate caution after a very strong H1 in the Americas and an expected reversion to market growth rates in Brazil, with no new major cost items. He stated that both energy drinks and CSDs in cans are growing well with no signs of cannibalization. He also reported no specific customer concerns regarding the 'MAHA movement' impacting their business.

    Ask Fintool Equity Research AI

    Richard Carlson's questions to Greif Inc (GEF) leadership

    Richard Carlson's questions to Greif Inc (GEF) leadership • Q1 2025

    Question

    An analyst, on for Richard Carlson, asked if the timberland sale indicates a full M&A pipeline for capital redeployment. They also questioned the competitive landscape in polymers and metals, specifically whether smaller competitors are showing signs of stress.

    Answer

    CFO Lawrence Hilsheimer clarified that the primary purpose of the timberland sale is to pay down debt, although the company's M&A pipeline remains robust. CEO Ole Rosgaard addressed competition by stating Greif's strategy is to focus on 'value over volume.' He explained that while some competitors may chase volume with lower prices, Greif's superior service and quality often lead customers to return, and he is confident they have not lost market share.

    Ask Fintool Equity Research AI

    Richard Carlson's questions to Sonoco Products Co (SON) leadership

    Richard Carlson's questions to Sonoco Products Co (SON) leadership • Q4 2024

    Question

    Richard Carlson from Wells Fargo & Company sought clarification on the 2026 leverage target, asking about key factors beyond asset sales and synergies. He also inquired about the future direction of capital expenditures and whether they would trend towards maintenance levels.

    Answer

    CEO Howard Coker clarified that CapEx is now weighted more towards value-added growth projects, representing about 60% of the total. Interim CFO Jerry Cheatham affirmed the leverage target of 3.0x to 3.3x by the end of 2026, achievable through strong free cash flow and proceeds from the ThermoSafe divestiture. Cheatham added that CapEx is expected to remain in the 4.5% to 5.5% of sales range, with a continued focus on growth.

    Ask Fintool Equity Research AI