Quarterly ResultApr 30, 2026, 06:42 AM
SW Q1 Net Sales $7.71B; Net Income $63M; LSE Listing Review
AI Summary
Smurfit Westrock plc reported Q1 2026 financial results with net sales of $7.71 billion, a slight increase from $7.66 billion in Q1 2025. However, net income significantly decreased to $63 million from $382 million year-over-year, impacted by $65 million from adverse weather events. The company announced a quarterly dividend of $0.4523 per share and is reviewing its London Stock Exchange listing, which may lead to delisting. Management noted improving demand, price increases, and new customer acquisitions, reaffirming full-year Adjusted EBITDA guidance of $5.0 billion to $5.3 billion.
Key Highlights
- Net Sales reached $7,712 million in Q1 2026, up from $7,656 million in Q1 2025.
- Net Income was $63 million ($0.12 Basic EPS), down from $382 million ($0.74 Basic EPS) YoY.
- Adjusted EBITDA was $1,076 million, down from $1,252 million in Q1 2025.
- Adverse weather negatively impacted Net Income and Adjusted EBITDA by $65 million.
- Declared a quarterly dividend of $0.4523 per ordinary share.
- Initiated a review of its London Stock Exchange listing, potentially leading to delisting.
- Reaffirmed full-year Adjusted EBITDA guidance of $5.0 billion to $5.3 billion.
- North American containerboard pricing increased by $20/ton in Q1, with a further $30/ton in April.