Gabe Hajde

it looks like CapEx is starting to accelerate here in the first half.

I think health care specifically was intended to improve kind of beginning in the middle of 2026. Can you comment on that

I just had a question about health care. I think the expectation was that it was going to return to growth kind of in the back half of 2025

alcohol as part of the portfolio being about 40% and maybe over time getting closer to 30%

would you say that there are still other options that could be pursued or evaluated as part of that process?

you are not including any price as it relates to the January increases because it was not reflected in RISI

how would you describe kind of the feel in the market right now from a supply demand standpoint?

directionally, would we expect things to be flattish next year on CapEx or down?

There seems to be a clear inflection in your tone. I'm curious if you can, is this something specific to what PCA is doing

running kind of around $1 year-to-date. So I think in this quarter, it was $0.33. So if I annualize that, we're looking at kind of $170 million

how sensitive are customers in terms of potential price increases or trying to do more with less, whether it's lightweighting

I'm just curious if you're seeing more instances of bidding out there given sort of what appears to be a little bit of a volatile environment

Anything specific on the Greif acquisition from a financial standpoint, cash tax specifically, that could be advantageous to you

I'm just curious, it sounds like there were some increases that from a contractual standpoint that were put through if you are willing to comment

assuming the bottom doesn’t fall out in volumes, that you should inflect positive at some point in the second half

how much tracked price or what you would expect sort of realization from just what’s been recognized in RECI

Just want to confirm on the most recent price announcement that RISI picked up for June implementation. It is kind of standard practice for you all to not embed that into your outlook until it's re...

on more of the, I'll call it, open market piece of the containerboard business in North America. Can you talk at all about what you've seen in the export markets in North America

on the downtime, can you remind us what it was for the full year and if you're willing to split it out between the corrugated and the consumer business

the margin profile would suggest on the current business about $800 million of improvement. And then the most difficult thing to lock down or pin down has been the 1.6% growth in North America

I'm just curious if the organization for the year, if there's anything strategically that you guys are focused more on cash flow for 2026 versus EBITDA

Can you provide a little bit of color in the markets whether it's geographic or end-use markets where you guys are doing particularly well

another quarter under the belt and thinking about sort of the opportunity set there to be on both sides of the house in terms of consumer and corrugated

maybe put a little bit more of a finer point on some of the underlying assumptions sort of in the 1.3

First quarter, again, margins really good. Just curious, kind of from a timing phasing standpoint, I'm assuming second half kind of stronger than first half

I don't recall if I saw a timeline associated with it. And, Ken, you rattled off a lot of numbers

Price discovery in North America, how important is that process kind of on a more medium-term basis? And at this point, do you guys sort of envision trying to decouple from some of the benchmarks

is there a way to think about waiting for -- and then maybe taking into account just maintenance. You mentioned I think $10 million lower on a sequential basis into the first quarter, but weighting...