All statements we make relating to our estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates, and financial results or to our expectations regarding future industry trends are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “would,” “could,” “seeks,” “approximately,” “intends,” “plans,” “projects,” “estimates,” “projects,” “outlook,” “anticipates” or “looking forward,” or similar expressions that relate to our strategy, plans, intentions, or expectations. Statements in this release that are not historical, including statements relating to the expected future performance of the Company, are considered “forward looking” within the meaning of the federal securities laws and are presented pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For more information, visit our website at Forward Looking Statements The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. Harnessing the strength in our diversity and industry leading talent of 47,000 global employees across more than 300 locations, we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. (NYSE:BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. The Berry Board and management team remain committed to constructive engagement with all shareholders and are always open-minded to ideas that may enhance shareholder value.Īt Berry Global Group, Inc. Our robust, stable and dependable cash flow enables us to return capital to shareholders at favorable terms, while continuing to execute a flexible capital allocation strategy focused on additional opportunistic share repurchases, the paydown of debt and strategic acquisitions or value-enhancing strategic investments. We continue to build and maintain our world-class, low-cost, manufacturing base, with an emphasis on investment in key growth markets and regions. We have successfully achieved our targets over the past several years and expect to drive our third consecutive year of positive organic growth in fiscal 2022. We have continued to focus on driving consistent and sustainable long-term growth through strategic portfolio management and a flexible capital allocation strategy while also working diligently to offset the challenges created by COVID, inflation, labor and supply chains. While it is the Company’s policy not to comment on interactions with specific shareholders, it is important to note that members of Berry’s management team have held several discussions with representatives of Ancora over the past year to better understand their views. (NYSE: BERY) today issued the following statement regarding the letter publicly released by Ancora Holdings Group LLC (“Ancora”):īerry Global’s Board of Directors and management team are committed to acting in the best interest of the Company and its shareholders, and our regular engagement with investors supports our goal of enhancing value.
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