secwatch.observer — SEC 8-K summary
======================================

Issuer:     TREDEGAR CORP (TG)
CIK:        0000850429
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000850429-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tredegar swings to Q2 profit of $0.26/share vs loss of $0.56 YoY; segment EBITDA improves
--------------------------------------------------------------------------------

- Net income $8.8M ($0.26 diluted) vs loss $18.9M ($0.56) in Q2 2023.
- Ongoing operations net income $10.3M ($0.30) vs loss $2.0M ($0.06) a year ago.
- Aluminum Extrusions EBITDA $12.9M ($10.2M in Q2 2023); PE Films EBITDA $10.1M ($0.8M).
- Flexible Packaging (Terphane) EBITDA $3.2M ($0.2M); sale to Oben Group awaits Brazil approval.
- Net leverage fell to 2.5x from 3.9x at Q4 2023; orders up 17% YoY at Bonnell Aluminum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/850429/000085042924000019/0000850429-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/850429/000085042924000019/tg-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000850429-24-000019

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