Smurfit Westrock reported a slight increase in net sales for the second quarter, while adjusted earnings per share (EPS) and adjusted EBITDA declined compared with the same period last year.
The global packaging company posted net sales of $8.03 billion in the second quarter. Adjusted EPS was US$0.35, compared with reported EPS of US$0.17, while net income reached US$88 million.
Adjusted EBITDA totaled US$1.14 billion during the quarter. Gross profit reached US$1.40 billion, while operating profit was US$309 million and profit before tax totaled $128 million.
Smurfit Westrock said significantly higher input costs, particularly freight expenses, weighed on its second-quarter results. The company implemented measures to mitigate the impact of these higher costs.
Paper demand remained strong throughout the quarter, with supply and demand conditions generally favorable, according to the company. The EMEA and APAC regions continued to outperform expectations, supported by productivity improvements and new customer wins.
For the third quarter, Smurfit Westrock expects adjusted EBITDA of approximately US$1.3 billion. The company projects full-year 2026 adjusted EBITDA in the range of US$4.9 billion to US$5.1 billion.
Input costs remain elevated, but the company expects to recover inflationary pressures through pricing adjustments.
