---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-24-000025"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T03:08:45.931093+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tredegar Q3 2024 break-even ongoing ops; completes Terphane sale for $78M enterprise value

## Summary
- Q3 2024 net income from ongoing ops $0.2M ($0.01/share) vs loss of $5.1M ($0.15) in Q3 2023.
- GAAP net loss $3.9M ($0.11/share) vs $50.4M loss year-ago.
- Aluminum Extrusions EBITDA $6.2M (up 21%); PE Films EBITDA $5.9M (up from $4.0M).
- Closed sale of Terphane on Nov 1 for $60M cash; enterprise value $78M; additional $7M expected from escrow.
- Net leverage ratio reduced to 1.2x pro forma from 2.3x; USITC trade case vote negative, coalition evaluating options.

## SEC filing metadata
- accession: 0000850429-24-000025
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/850429/000085042924000025/0000850429-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042924000025/tg-20241108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-24-000025
- JSON: https://secwatch.observer/filing/0000850429-24-000025.json
- Plain text: https://secwatch.observer/filing/0000850429-24-000025.txt

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