Magnera reports Q2 EPS ($1.15)

Reports Q2 revenue $824M, consensus $841.84M. Curt Begle, Magnera’s (MAGN) CEO, commented: “This quarter underscores the resilience of our business as we navigate ongoing global economic uncertainty. Our team has transitioned from stabilizing the business through a disciplined integration plan to actively executing on identified optimization opportunities. As anticipated, our distinctive value proposition-anchored by our global market presence, broad product portfolio, and innovation capabilities-continues to drive organic growth in attractive end markets as we support our customers’ evolving product requirements. In the face of uncertainties related to tariff driven demand concerns, we remain laser focused on executing our strategic priorities of integration, synergy realization, and profitable long-term growth. Our portfolio is primarily made up of products that people use every day, however we are prepared to take the appropriate operational and cost measures that align with short-term market realities. Our commitment to earnings and free cash flow stability will ultimately increase long-term shareholder value.”