---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-23-000030"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:15:59.849665+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tredegar Q3 net loss $50.4M ($1.47/sh); ongoing ops loss $5.1M; aluminum volume down 29%

## Summary
- Net loss $50.4M ($1.47 diluted) vs net income $1.0M ($0.03) in Q3 2022; ongoing ops loss $5.1M vs $4.8M income.
- Aluminum Extrusions EBITDA from ongoing ops $5.1M, down 57.6% from $12.1M; sales volume 32.5M lbs, down 28.6%.
- PE Films EBITDA from ongoing ops improved to $4.0M from $0.4M; Flexible Packaging Films (Terphane) EBITDA $0.5M vs $7.8M.
- Company executed agreement to sell Terphane, subject to competition authority clearance; also settled pension plan and restructuring credit.
- Open orders at Aluminum end-Q3: ~17M lbs vs ~20M at Q2 2023 and ~59M at Q3 2022; demand remains sluggish.

## SEC filing metadata
- accession: 0000850429-23-000030
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/850429/000085042923000030/0000850429-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042923000030/tg-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-23-000030
- JSON: https://secwatch.observer/filing/0000850429-23-000030.json
- Plain text: https://secwatch.observer/filing/0000850429-23-000030.txt

## Key facts
- Earnings Releases
  TREDEGAR CORP reported financial results for third quarter ended September 30, 2023.
  - Period: third quarter ended September 30, 2023
  - Result: reported results
  source text: On November 09, 2023 , Tredegar Corporation announced its results of operations for the third quarter ended September 30, 2023. Furnished as Exhibit 99 and incorporated herein by reference is the press release issued by Tredegar Corporation containing that announcement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/850429/000085042923000030/0000850429-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.