Financial Performance - Net Sales for Q3 2025 reached $8,003 million, an increase of 4.3% compared to $7,671 million in Q3 2024[2] - Net Income for the quarter was $245 million, with a Net Income Margin of 3.1%, a significant recovery from a loss of $150 million in the same quarter last year[2][4] - Adjusted EBITDA was $1,302 million, with an Adjusted EBITDA Margin of 16.3%, slightly down from 16.5% in Q3 2024[2][4] - Gross profit for Q3 2025 was $1,569 million, up 16.3% from $1,350 million in Q3 2024[21] - Operating profit for Q3 2025 significantly increased to $526 million compared to $55 million in Q3 2024[21] - Net income attributable to common shareholders for Q3 2025 was $246 million, a turnaround from a net loss of $150 million in Q3 2024[21] - Adjusted EBITDA for Q3 2025 totaled $1,345 million, reflecting a 2.9% increase from $1,307 million in Q3 2024[24] - Net income for Q3 2025 was $245 million, compared to a loss of $150 million in Q3 2024, representing a significant turnaround[27] - Adjusted EBITDA for Q3 2025 was $1,302 million, up from $1,265 million in Q3 2024, indicating a year-over-year increase of 2.9%[34] Cash Flow and Capital Expenditures - Net Cash Provided by Operating Activities was $1,133 million, a substantial increase from $320 million in Q3 2024[2] - Adjusted Free Cash Flow for the quarter was $579 million, compared to $118 million in the same period last year[2] - Capital expenditures for Q3 2025 totaled $610 million, an increase from $512 million in Q3 2024[35] - Cash and cash equivalents at the end of Q3 2025 were $851 million, a decrease from $951 million at the end of Q3 2024[27] Regional Performance - North American operations delivered an Adjusted EBITDA of $810 million with a margin of 17.2%, reflecting strong operational performance[5] - EMEA and APAC regions generated Adjusted EBITDA of $419 million with a margin of 14.8%, demonstrating resilience despite market challenges[6] - Latin American operations achieved Adjusted EBITDA of $116 million with a margin of 21.3%, indicating continued operational improvement[10] - North America segment net sales for Q3 2025 were $4,721 million, a slight increase from $4,649 million in Q3 2024[24] - Europe, MEA, and APAC segment net sales rose to $2,831 million in Q3 2025, compared to $2,651 million in Q3 2024[24] Guidance and Dividends - Full year Adjusted EBITDA guidance is projected to be in the range of $4.9 to $5.1 billion[11] - A quarterly dividend of $0.4308 per ordinary share has been approved, payable on December 18, 2025[12] Balance Sheet - Total assets increased to $45,569 million as of September 30, 2025, up from $43,759 million at December 31, 2024[26] - Total liabilities stood at $27,110 million as of September 30, 2025, compared to $26,372 million at December 31, 2024[26] Earnings Per Share - The company reported a basic earnings per share of $0.47 for Q3 2025, compared to a loss of $0.30 per share in Q3 2024[21] - Adjusted Basic EPS for Q3 2025 was $0.58, compared to $0.53 in Q3 2024, showing a growth of 9.4%[37] Other Costs - The company incurred impairment and restructuring costs of $65 million in Q3 2025, compared to $21 million in Q3 2024[34]
Smurfit WestRock plc(SW) - 2025 Q3 - Quarterly Results