Core Insights - Smurfit Westrock returned to profitability in Q3 2025 with a net income of $245 million, compared to a loss of $150 million in Q3 2024 [1] - The company has reduced its full-year adjusted EBITDA guidance to a range of $4.9 billion to $5.1 billion, down from $5 billion to $5.2 billion [4] Financial Performance - Quarterly net sales reached $8 billion, an increase from $7.67 billion in Q3 2024 [1] - Net cash provided by operating activities was $1.13 billion, significantly up from $320 million a year ago [2] - Adjusted free cash flow for the quarter was $579 million, compared to $118 million in Q3 2024 [2] - Adjusted EBITDA for the quarter was $1.3 billion, with a margin of 16.3%, slightly lower than the 16.5% margin in Q3 2024 [2] Business Segments - The North America business achieved a 17.2% adjusted EBITDA margin, while Latin America reported 21.3%, and EMEA and APAC had a margin of 14.8% [3] - The performance improvements were attributed to operational and commercial enhancements in the North American market and strong positions in EMEA, APAC, and Latin America [3] Future Outlook - The company plans to take additional economic downtime in Q4 2025 to optimize its operations due to challenging demand conditions [4] - Projected capital expenditure for 2026 is estimated to be between $2.4 billion and $2.5 billion [4] - A quarterly dividend of $0.4308 per ordinary share has been announced, payable on December 18, 2025 [5]