Smurfit Westrock Reports Second Quarter 2026 Results

Smurfit Westrock announced the financial results for the second quarter ended June 30, 2026.

President and CEO Tony Smurfit commented: “I am pleased to report a strong second quarter performance with Adjusted EBITDA of $1,140 million and an Adjusted EBITDA Margin of 14.2%. The quarter was impacted by significantly higher input costs, particularly freight, which we managed to mitigate through our actions. Positively, demand for paper remained strong throughout the quarter with a generally excellent supply/demand backdrop. As always, we fully expect to recover input cost inflation through the second half of the year and beyond.”

Key Points:

• Net Sales of $8,031 million
• Net Income of $88 million, with a Net Income Margin of 1.1%
• Adjusted EBITDA of $1,140 million, with an Adjusted EBITDA Margin of 14.2%
• Net Cash Provided by Operating Activities of $765 million
• Quarterly dividend of $0.4523 per ordinary share

In the North American region, progress was made in its operational and commercial business. Pricing initiatives have been implemented to recover increased input costs across practically all paper grades, and the company is beginning to see the benefits from our commercial approach in our converting businesses.

The EMEA and APCA regions continued to outperform. This region is exceptionally well positioned, and company actions on improving productivity and providing superior service and innovation for customers are gaining significant new business. While certain input costs are continuing to rise, these are being recovered with the customary lag.

The Latin American region delivered another excellent performance as a result of strong market positions and continuing benefits from our investment programs. Smurfit Westrock sees significant growth opportunities. The company believes it is well positioned to develop this region through both internal investment and acquisition.

Tony Smurfit concluded: “Looking ahead, we are very encouraged by the current market backdrop and the significant improvements we have made within our business. With input costs remaining elevated, especially freight, we currently expect third quarter Adjusted EBITDA to be approximately $1.3 billion and for the full year Adjusted EBITDA we expect to be in the range of $4.9 billion to $5.1 billion with good momentum through the latter half of 2026 and beyond.”