Smurfit Westrock Declared Strong First Quarter Results

SEATTLE (Scrap Monster): Smurfit Westrock plc. announced financial results for the first quarter ended March 31, 2025.

Net sales during the first quarter of 2025 were $7,656 million. With a net income margin of 5.0%, it declared $382 million in net income. With an adjusted EBITDA margin of 16.4%, the first quarter's adjusted EBITDA was $1,252 million. Additionally, on its common stock, the company announced a quarterly dividend of $0.4308 per share, which would be paid to shareholders of record on May 16, 2025, on June 18, 2025.

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Both adjusted EBITDA and net income met the previously mentioned guidance. Good performance in all three business segments was the primary driver of the strong results, with the North American region making a substantial contribution.

Smurfit Westrock recently announced that it was closing more than 500,000 tons of paper capacity in North America as part of its attempts to streamline its asset base. Furthermore, it made the decision to shut down two of our converting plants in the North American region and to start discussions about closing two more in EMEA and APAC.

Furthermore, the business has built two cutting-edge conversion facilities in Wisconsin and Washington and is about to finish a new Bag-in-Box factory in South Carolina. According to Tony Smurfit, president and CEO, the company intends to increase its investments in Latin America, EMEA, and APAC.