Smurfit Westrock (SW) has released an update.
Smurfit Westrock plc reported a second quarter net sales of $3.0 billion with a net income of $132 million, indicating a decrease from the previous year, alongside an Adjusted EBITDA of $480 million. Despite higher recovered fiber costs and lower corrugated box prices, the company maintains a positive outlook, expecting to recover these costs through price adjustments. The newly merged entity, which now includes Smurfit Kappa Group plc and WestRock Company, will start reporting combined financial results from the third quarter of 2024.
For further insights into SW stock, check out TipRanks’ Stock Analysis page.
