Sonoco Raises EMEA Paperboard Prices €80/Ton, Tube and Core Up 8%
Sonoco will increase uncoated recycled paperboard prices in Europe, Middle East and Africa by €80 per ton and raise tube and core product rates by 8% for shipments from April 15, 2026. The stock dipped 0.70% to $53.80 despite a Buy rating and $62.50 target, following a 29.62% one-year gain.
1. Price Increase Details
Sonoco will implement an €80 per ton increase on uncoated recycled paperboard and an 8% rise on all tube and core products across its Europe, Middle East and Africa operations. These adjustments apply to all shipments from April 15, 2026 onward.
2. Rationale for Increase
The company cited sustained inflationary pressures in energy, natural gas, fuel, chemicals and additives as the drivers behind its decision to pass on higher costs. With supply security and quality as priorities, Sonoco aims to preserve margin integrity amid rising input expenses.
3. Stock Reaction and Analyst View
Shares fell 0.70% to $53.80 following the announcement, though analysts maintain a Buy rating with a $62.50 price target. The stock has gained 29.62% over the past 12 months, reflecting strong investor confidence in Sonoco’s strategic positioning.