secwatch.observer — SEC 8-K summary
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Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000850429-24-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar Q1 net income $3.3M ($0.10/diluted) vs loss; ongoing EPS $0.16
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- Net income from ongoing operations $5.6M ($0.16/diluted) vs $2.5M ($0.07) YoY.
- Aluminum Extrusions EBITDA ongoing $12.5M, down from $14.6M YoY; volume 33.8M lbs (-9.9%).
- PE Films EBITDA $6.9M (vs $1.8M YoY) on volume 10.0M lbs (+35%).
- DOC prelim ruling: aluminum extrusions from 14 countries sold at less-than-fair value.
- Net leverage 3.8x at Q1 end vs 3.9x Q4 2023; Terphane sale progressing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042924000013/0000850429-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042924000013/tg-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000850429-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer