Strong Second Quarter Performance
Smurfit Westrock reported a strong second quarter with adjusted EBITDA of $1,213 million and an adjusted EBITDA margin of 15.3%.
North American Business Improvement
Significant improvement in the North American business with net sales of $4.8 billion and an adjusted EBITDA margin of 15.8%, driven by higher selling prices and synergy benefits.
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.
Synergy Program Progress
The company is on track to deliver $400 million of full-year synergy benefits by exiting 2025, with additional opportunities identified.
Latin America Margin Performance
Latin American operations delivered a strong adjusted EBITDA margin of over 23%, with significant growth opportunities identified.