secwatch.observer — SEC 8-K summary
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Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0000850429-21-000075
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar Q3 2021 ongoing net income $7.2M ($0.22) vs $13.2M; Aluminum Extrusions EBITDA down 27%
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- Net income from ongoing operations $7.2M ($0.22/sh) vs $13.2M ($0.39/sh) in Q3 2020.
- Aluminum Extrusions EBITDA from ongoing ops $12.0M, down $4.5M (27%) YoY on lower volume and labor costs.
- PE Films EBITDA $4.8M, down $1.2M; competitive pricing expected to erode $6M in 2022.
- Flexible Packaging Films EBITDA $7.4M, down $2.2M; equipment failure will curb production into early 2022.
- Debt net of cash $96.7M, down $25.5M YTD; cash generation remains strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042921000075/0000850429-21-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042921000075/tg-20211105.htm
  HTML page:      https://secwatch.observer/filing/0000850429-21-000075

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