secwatch.observer — SEC 8-K summary
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Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0000850429-22-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar Q1 net income $16.5M ($0.49/sh) vs $9.6M; Alum Extrusions EBITDA record $23.9M
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- Net income from continuing ops $16.5M ($0.49 diluted EPS) vs $9.6M ($0.29) in Q1 2021.
- Aluminum Extrusions EBITDA from ongoing ops $23.9M, up $10.6M YoY, a record quarter.
- Flexible Packaging Films EBITDA down $4.6M to $5.0M; PE Films flat at $7.0M.
- Debt net of cash increased $63.2M mainly due to $50M frozen pension plan contribution in February.
- Aluminum Extrusions net sales up 33.8% on higher pricing, but volume down 3.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042922000013/0000850429-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042922000013/tg-20220509.htm
  HTML page:      https://secwatch.observer/filing/0000850429-22-000013

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