Smurfit Westrock reported a strong financial performance in Q2 with significant improvements in North America and Latin America, alongside successful synergy program execution. However, challenges in the European market, volume declines, and ongoing loss-making contracts pose concerns. The uncertain economic environment and tariffs also contribute to a cautious outlook.

Company Guidance

During the Smurfit Westrock 2025 Q2 earnings call, the company highlighted several key metrics indicating a strong performance in line with their guidance. They reported an adjusted EBITDA of $1,213 million, with an adjusted EBITDA margin of 15.3%. Net sales for the quarter were over $7.9 billion, and the company achieved a robust adjusted free cash flow of $387 million. The North American segment delivered net sales of $4.8 billion and an adjusted EBITDA of $752 million, while the EMEA and APAC segment achieved net sales of $2.8 billion with an adjusted EBITDA margin of 13.4%. The Latin American operations performed exceptionally well with an adjusted EBITDA margin exceeding 23%. Additionally, Smurfit Westrock's long-term debt was upgraded to BBB+ by Fitch, reflecting confidence in the company's quality and future prospects. The company also noted progress on its synergy program, targeting $400 million of synergies by the end of 2025, and identified further opportunities for operational and commercial improvements. Looking ahead, they provided third-quarter adjusted EBITDA guidance of approximately $1.3 billion, maintaining their full-year guidance between $5 billion and $5.2 billion.

Strong Q2 Financial Performance

Smurfit Westrock reported adjusted EBITDA of $1,213 million with an adjusted EBITDA margin of 15.3% and net sales over $7.9 billion, marking mid-single-digit growth compared to the same period last year.

North American Business Improvement

Significant operational improvements in North America with adjusted EBITDA of $752 million and an adjusted EBITDA margin of 15.8% due to higher selling prices and synergy program benefits.

Latin American Margin Performance

Outstanding performance in Latin America with an adjusted EBITDA margin of over 23%, despite a slight decrease in corrugated box volumes.

Synergy Program Success

The company is on track to deliver $400 million in synergies by the end of 2025 and has identified an additional $400 million in opportunities.

Fitch Credit Rating Upgrade

Fitch upgraded Smurfit Westrock's long-term debt to BBB+ with a stable outlook, reflecting confidence in the company's business quality and prospects.

Smurfit Westrock (DE:N4U) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:N4U Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.63 / -	-0.258	―	―	―
Jul 30, 2025	2025 (Q2)	0.51 / -0.04	0.507	-108.49% (-0.55)
May 01, 2025	2025 (Q1)	0.57 / 0.63	0.476	32.01% (+0.15)
Feb 12, 2025	2024 (Q4)	0.56 / 0.24	1.017	-76.31% (-0.78)
Oct 30, 2024	2024 (Q3)	0.63 / -0.26	0.786	-132.82% (-1.04)
Jul 30, 2024	2024 (Q2)	0.65 / 0.51	1.853	-72.67% (-1.35)
Feb 07, 2024	2023 (Q4)	- / 1.02	2.05	-50.40% (-1.03)
Aug 02, 2023	2023 (Q2)	- / 1.85	1.923	-3.62% (-0.07)
Feb 08, 2023	2022 (Q4)	1.36 / 2.05	1.46	40.42% (+0.59)	―	―
Jul 27, 2022	2022 (Q2)	1.65 / 1.92	1.209	59.03% (+0.71)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:N4U Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	€41.20	€40.61	-1.44%
Feb 12, 2025	€49.84	€47.70	-4.30%
Oct 30, 2024	€39.96	€39.48	-1.21%
Jul 30, 2024	€41.58	€38.60	-7.16%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Smurfit Westrock PLC (DE:N4U) report earnings?

Smurfit Westrock PLC (DE:N4U) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Smurfit Westrock PLC (DE:N4U) earnings time?

Smurfit Westrock PLC (DE:N4U) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Smurfit Westrock PLC stock?

The P/E ratio of Smurfit Westrock is N/A.

What is DE:N4U EPS forecast?

DE:N4U EPS forecast for the fiscal quarter 2025 (Q3) is 0.63.

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