Smurfit Westrock sees FY EBITDA rising by up to 11% to $5.0-%5.2 bln

May 1 (Reuters) - Smurfit WestRock PLC SWR.L:

• SMURFIT WESTROCK REPORTS FIRST QUARTER 2025 RESULTS

• IRST QUARTER NET SALES OF $7,656 MILLION

• Q1 NET INCOME OF $382 MILLION, WITH A NET INCOME MARGIN OF 5.0%

• Q1 ADJUSTED EBITDA OF $1,252 MILLION, WITH AN ADJUSTED EBITDA MARGIN OF 16.4%

• QUARTERLY DIVIDEND OF $0.4308 PER ORDINARY SHARE

• OUR SYNERGY PROGRAM IS ON TRACK TO DELIVER $400 MILLION, WITH APPROXIMATELY $350 MILLION IN CURRENT YEAR

• WE BELIEVE THERE IS SUBSTANTIAL OPPORTUNITY TO CONTINUE TO STRUCTURALLY IMPROVE BUSINESS THROUGH A SHARPER COMMERCIAL AND OPERATIONAL FOCUS, AT LEAST EQUAL TO OUR SYNERGY TARGET

• WE ARE ALSO CLOSING TWO CONVERTING FACILITIES IN OUR NORTH AMERICAN REGION AND HAVE INITIATED CONSULTATIONS TO CLOSE TWO OF OUR CONVERTING FACILITIES IN EMEA & APAC

• WE HAVE CONSTRUCTED TWO STATE-OF--ART CONVERTING PLANTS IN WASHINGTON AND WISCONSIN AND ARE COMPLETING A NEW BAG-IN-BOX FACILITY IN SOUTH CAROLINA IN OUR NORTH AMERICAN REGION

• EXPECT TO INCUR ADDITIONAL ECONOMIC DOWNTIME IN Q2 COSTING APPROXIMATELY $100 MILLION VERSUS Q1

• WHILE DEMAND OUTLOOK IS UNCERTAIN, WE EXPECT Q2 ADJUSTED EBITDA TO BE APPROXIMATELY $1.2 BILLION AND OUR CURRENT ESTIMATE FOR A FULL YEAR ADJUSTED EBITDA IS BETWEEN $5.0 BILLION AND $5.2 BILLION

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