It is implementing several synergy opportunities, including optimizing raw material purchases, leveraging indirect expenses and coordinating supply-chain logistics. These factors will help meet Sonoco's cost-saving target. Focus on Growth & Innovation Boosts Results : Sonoco is focused on increasing investment in its core consumer and industrial businesses, and achieving an annual EBITDA of $1 billion by 2026. The company continues to emphasize capital allocation and expects to be able to increase dividends while maintaining an investment-grade balance sheet.