earnings
confidence high
sentiment negative
materiality 0.75
Smurfit Kappa Q2 net sales $2.97B, net income $132M, down 51% YoY
Smurfit Westrock plc
2024-Q2 EPS reported
-$5.04
revenue$5,899,000,000
- Net sales $2,969M (Q2) and $5,899M (H1), down 3.5% and 6.6% YoY respectively.
- Net income $132M (Q2) and $323M (H1), down 50.6% and 41.1% YoY.
- Operating profit $244M (Q2) and $551M (H1) vs $394M and $838M prior year.
- Adjusted EBITDA $501M (Q2) and $992M (H1), down 12.4% and 16.5% YoY.
- Transaction-related costs of $60M (Q2) and $83M (H1) for the Smurfit Westrock combination.