Smurfit Westrock (DE:N4U)
FRANKFURT:N4U
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.38Last Year’s EPS
-0.04Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of solid operational and commercial progress — Q1 adj. EBITDA was in line with plan, regions EMEA/APAC and Latin America outperformed with healthy margins, the company secured significant new customers and reaffirmed full-year guidance while launching an ambitious medium-term plan. These positives were tempered by meaningful near-term cost headwinds (notably energy and freight), Q1 weather and downtime impacts, some lingering volume weakness earlier in the year, and targeted asset closures. Management emphasized improving demand trends entering Q2 and active commercial and cost actions to restore margins.Company Guidance
Group Adjusted EBITDA and Margin in Q1
Delivered adjusted EBITDA of $1,076 million with an adjusted EBITDA margin of 14% for Q1 2026, described as essentially in line with plan.
Regional Performance — North America
North America reported adjusted EBITDA of $597 million and an adjusted EBITDA margin of 13.3%. Management noted demand improvement entering Q2 and expects no material downtime in Q2 after weather and downtime disruption in Q1.
Regional Performance — EMEA & APAC
EMEA & APAC delivered adjusted EBITDA of $421 million with an adjusted EBITDA margin of 15.2%, with management noting significant outperformance versus peers and strong value from the innovation platform.
Regional Performance — Latin America
Latin America generated adjusted EBITDA of $109 million and an adjusted EBITDA margin above 20%, highlighting tightening markets, improved pricing and completion of a corrugated box plant acquisition in Ecuador.
Customer Wins and Commercial Momentum
Entered contracts with over 600 new corrugated customers in North America during the quarter; new-customer volume in April was ~30% higher than March. Management reported strengthening order books and said many paper grades are effectively sold out.
Commercial Price Actions
Announced and/or implemented a series of price increases: recycled paper price rises in Europe of EUR 100/ton, and recent North American containerboard/grade-specific increases (including a recently announced ~$50/ton action) with staged implementation expected through Q2–Q3.
Medium-Term Targets and Capital Allocation
Launched a medium-term plan targeting $7 billion adjusted EBITDA and a 19% group adjusted EBITDA margin by 2030, and $14 billion of discretionary free cash flow over the life of the plan. Management reaffirmed full-year 2026 adjusted EBITDA guidance of $5.0–$5.3 billion and Q2 adj. EBITDA guidance of $1.1–$1.2 billion.
Integration, Innovation and Talent
Management highlighted strong integration progress post-combination, a global network of 34 innovation centers, a recent innovation and sustainability event in Amsterdam attended by ~200 customers, and improved recruitment and cultural momentum.
DE:N4U Earnings History
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 |
|---|---|---|---|
Apr 30, 2026 | €34.40 | €32.00 | -6.98% |
Feb 11, 2026 | €36.08 | €42.81 | +18.68% |
Oct 29, 2025 | €35.83 | €32.50 | -9.29% |
Jul 30, 2025 | €40.33 | €39.75 | -1.44% |
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 (DE:N4U) report earnings?
Smurfit Westrock (DE:N4U) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Smurfit Westrock (DE:N4U) earnings time?
Smurfit Westrock (DE:N4U) earnings time is at Aug 05, 2026, 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 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 2026 (Q2) is 0.38.