Smurfit Westrock reports Q2 net loss amid restructuring charges

Published 30/07/2025, 11:34
Smurfit Westrock reports Q2 net loss amid restructuring charges

DUBLIN - Smurfit Westrock plc (NYSE:SW, LSE: SWR) reported a net loss of $26 million for the second quarter ended June 30, 2025, compared to a net income of $132 million in the same period last year, as restructuring costs weighed on results.

The paper-based packaging provider posted quarterly net sales of $7.94 billion and an adjusted EBITDA of $1.21 billion, representing an adjusted EBITDA margin of 15.3%, down from 16.2% in the prior-year period.

The company attributed the quarterly net loss to $280 million in costs associated with previously announced closures and other restructuring actions. Excluding these charges, Smurfit Westrock’s performance was in line with its adjusted EBITDA guidance.

"I am pleased to report a strong second quarter performance," said Tony Smurfit, President and CEO. "This performance is driven by the significant improvement in our North American business and continued excellent results from our Latin American operations, somewhat offset by a resilient performance from our EMEA and APAC businesses."

The North American segment delivered an adjusted EBITDA of $752 million with a 15.8% margin, showing improvement that management attributed to "sharper operating focus" and benefits from the company’s synergy program following last year’s merger between Smurfit Kappa Group (LON:SWR) and WestRock (NYSE:WRK) Company.

The company’s European, Middle East, Africa and Asia-Pacific operations reported an adjusted EBITDA of $372 million with a 13.4% margin, while Latin American operations achieved an adjusted EBITDA of $123 million with a 23.7% margin.

Smurfit Westrock declared a quarterly dividend of $0.4308 per ordinary share, payable September 18, 2025, to shareholders of record as of August 15, 2025.

Looking ahead, the company expects third quarter adjusted EBITDA to be approximately $1.3 billion and maintained its full-year adjusted EBITDA forecast between $5.0 billion and $5.2 billion, assuming current market conditions continue.

The information in this article is based on a press release statement from Smurfit Westrock.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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