Glatfelter Corporation ( (MAGN) ) has released its Q2 earnings. Here is a breakdown of the information Glatfelter Corporation presented to its investors.
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Magnera Corporation is a global leader in specialty materials, primarily serving the consumer products and personal care markets with a diverse portfolio of material solutions. The company operates across 46 facilities worldwide, supported by over 9,000 employees.
In its latest earnings report, Magnera Corporation announced its financial results for the second quarter of fiscal 2025, highlighting a net sales increase to $824 million and an adjusted EBITDA of $89 million. The company emphasized its strategic focus on integration and synergy realization following its merger with Glatfelter.
Key financial metrics revealed a 48% increase in net sales, largely driven by the Glatfelter merger, though partially offset by unfavorable foreign currency impacts and decreased selling prices. Adjusted EBITDA saw a 17% increase, with contributions from the merger, despite challenges such as higher energy costs in Europe affecting performance.
Magnera remains committed to strengthening its financial position by focusing on debt reduction and maintaining stable free cash flow. The company has set a full-year guidance for adjusted EBITDA between $360 million and $380 million, with post-merger adjusted free cash flow projected between $75 million and $95 million.
Looking ahead, Magnera’s management remains focused on executing strategic priorities to drive long-term growth and shareholder value, navigating economic uncertainties with a disciplined approach to operational and cost measures.
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