secwatch.observer — SEC 8-K summary
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Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0000850429-21-000070
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar Q2 net income $0.61/sh, up from $0.43; Aluminum Extrusions EBITDA +48.5%
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- Net income from continuing ops $20.7M ($0.61/sh) vs $14.3M ($0.43) in Q2 2020; ongoing net income $16.1M ($0.48/sh), flat YoY.
- Aluminum Extrusions EBITDA from ongoing ops $19.7M, up $6.4M (48.5%) on 11.9% volume increase; non-res B&C volume down 10.2%.
- PE Films EBITDA from ongoing ops $9.0M, down $6.5M YoY due to customer product transition and resin cost margin compression.
- Flexible Packaging Films (Terphane) EBITDA $8.3M, up $1.8M despite volume declines from temporary resin supply issues.
- Net debt fell below $100M and declined $22M in Q2 on strong cash generation; selling price increases implemented to offset costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042921000070/0000850429-21-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042921000070/tg-20210806.htm
  HTML page:      https://secwatch.observer/filing/0000850429-21-000070

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