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Magnera Announces Participation at the Gabelli Funds 17th Annual Specialty Chemical Symposium
Globenewswire· 2026-03-06 20:14
Core Insights - Magnera Corporation will participate in the Gabelli Funds 17th Annual Specialty Chemical Symposium on March 19, 2026, where EVP Robert Weilminster will present and hold meetings with institutional investors [1] Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [2] - The company operates 45 production facilities worldwide and employs more than 8,500 people [2] Company Mission and History - Magnera's mission is to improve the world through innovative material solutions, having delivered these for over 160 years [3] - The company has consistently adapted to economic challenges, global pandemics, and changing customer needs, maintaining strong partnerships and a comprehensive product portfolio [3]
Magnera Announces Participation at the 2026 Sidoti Small Cap Virtual Conference
Globenewswire· 2026-03-06 20:13
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [2] - The company operates across 45 global production facilities and is supported by more than 8,500 employees [2] Upcoming Events - Magnera will attend the 2026 Sidoti Small Cap Virtual Conference, with EVP Robert Weilminster presenting on March 18, 2026, at 10:45 a.m. ET [1] - The company will also host one-on-one and small group meetings with institutional investors on the same day [1] Company Mission and History - Magnera's purpose is to improve the world by creating new possibilities, having delivered material solutions for over 160 years [3] - The company has consistently adapted to economic upheaval, global pandemics, and changing end-user needs, demonstrating resilience and problem-solving capabilities [3] - Magnera emphasizes building personal partnerships that can withstand an ever-changing environment [3]
Magnera Reports First Quarter Results
Globenewswire· 2026-02-04 21:36
Core Insights - Magnera reported a strong first quarter for 2026, meeting expectations and reaffirming full-year guidance for Adjusted EBITDA and free cash flow [1][8] - The company remains focused on disciplined capital allocation and debt reduction, making $27 million in debt payments during the quarter [2] Financial Performance - **Key Financials**: - Net sales increased to $792 million in December 2025 from $702 million in December 2024, representing a 13% increase [4][19] - Operating income improved to $14 million from a loss of $22 million year-over-year [19] - Adjusted EBITDA rose to $93 million, an 11% increase from $84 million [5][19] - **Sales Breakdown**: - The net sales increase included $112 million from a merger and $36 million from favorable foreign currency changes, partially offset by a $52 million decrease in selling prices and a 1% organic volume decline [4] - In the Americas segment, net sales included $42 million from the merger and $8 million from favorable currency changes, with a 2% organic volume growth [6] - The Rest of World segment saw a $70 million increase from the merger and a $28 million favorable currency impact, but faced a 5% organic volume decline [9] Guidance - The company reaffirmed its fiscal 2026 guidance for Adjusted EBITDA in the range of $380 million to $410 million and free cash flow between $90 million and $110 million [8][17] - Cash flow from operations is projected to be between $170 million and $190 million [26] Strategic Focus - Magnera's strategy emphasizes long-term shareholder value through cost optimization, portfolio differentiation, and commercial excellence [3] - The company aims to deliver sustainable performance and continued value creation through these strategic pillars [3] Company Overview - Magnera Corporation operates globally, serving over 1,000 customers with a diverse range of material solutions across 45 facilities and employing approximately 8,500 people [13] - The company has a long history of adapting to economic changes and meeting customer needs [13]
Magnera to Report First Quarter Results on February 5th
Globenewswire· 2026-01-09 13:54
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products for the food and beverage industry [3] - The company operates across 45 global production facilities and is supported by more than 8,500 employees [3] Upcoming Financial Results - Magnera is set to release its first quarter results on February 5, 2026, prior to trading on the New York Stock Exchange [1] - An investor presentation will be available on the company's website shortly after the earnings release [1] - A conference call to discuss the financial results will take place at 10:00 a.m. ET on the same day [1][2] Company Mission and History - Magnera's purpose is to improve the world by realizing new possibilities, having delivered material solutions for over 160 years [4] - The company has consistently adapted to economic challenges, global pandemics, and changing customer needs, maintaining a strong commitment to problem-solving and exceeding expectations [4]
Magnera Announces Participation in the 2025 Bank of America Leveraged Finance Conference
Globenewswire· 2025-11-24 16:32
Core Insights - Magnera Corporation will participate in the 2025 Bank of America Leveraged Finance Conference on December 2, 2025, with key executives presenting and hosting meetings with institutional investors [1] - A live webcast of the presentation will be available on the company's website [2] - Magnera serves over 1,000 customers globally, providing a diverse range of material solutions across various industries [2][3] Company Overview - Magnera Corporation has been delivering material solutions for over 160 years, adapting to economic changes and evolving customer needs [3] - The company operates 45 global production facilities and employs over 8,500 people [2] - Magnera's mission is to create new possibilities and build strong partnerships that can withstand market fluctuations [3]
Magnera to Report Fourth Quarter and Fiscal Year 2025 Results on November 20th
Globenewswire· 2025-10-27 21:39
Core Points - Magnera (NYSE: MAGN) is set to release its fourth quarter and fiscal year 2025 results on November 20, 2025, before trading begins on the New York Stock Exchange [1] - A conference call will be held on the same day at 10:00 a.m. ET to discuss the financial results, including a Q&A session and a webcast option for participants [2] - Magnera serves over 1,000 customers globally, providing a diverse range of material solutions across various industries, supported by more than 9,000 employees and 46 production facilities [3] - The company has a long history of over 160 years, focusing on delivering material solutions that meet the evolving needs of its partners and customers [4] Company Overview - Magnera Corporation specializes in material solutions for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [3] - The company emphasizes building personal partnerships and adapting to changing market conditions, showcasing its resilience through economic challenges and global events [4]
Magnera Announces Strategic Exit from Argentina as Part of Project CORE Transformation
Globenewswire· 2025-09-29 20:43
Core Insights - Magnera is implementing Project CORE to optimize operations and align resources with long-term growth priorities [1][2] - The closure of the Pilar facility in Argentina is a significant step in this initiative, affecting over 60 employees [3] - The company remains committed to fulfilling customer commitments and ensuring service continuity during the transition [3] Project CORE Overview - Project CORE aims to streamline Magnera's global operations, enhance agility, and deliver greater value to customers and partners [2] - The initiative reflects the company's commitment to building a more efficient and sustainable organization [3][4] Employee Impact and Support - More than 60 employees will be impacted by the closure of the Pilar facility, and the company is providing support to those affected [3] - The CEO emphasized the importance of supporting the Pilar team during this transition [3] Commitment to Customers - Magnera is focused on maintaining exceptional service and honoring customer commitments throughout the operational changes [3] - The company is leveraging its global portfolio to ensure seamless continuity and consistent delivery across all markets [3] Future Outlook - The CEO described this moment as an evolution and an opportunity for the company to build a stronger, more agile organization [4] - Magnera is investing in advanced systems and technologies to enhance responsiveness and innovation [3]
Magnera Announces Participation at the 2025 Mizuho Industrials & Chemicals Conference
Globenewswire· 2025-07-22 13:00
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [2] - The company operates 46 production facilities worldwide and is supported by more than 9,000 employees [2] Company Purpose and History - Magnera's mission is to improve the world by realizing new possibilities, having delivered material solutions for over 160 years [3] - The company has consistently adapted to economic challenges, global pandemics, and evolving customer needs, maintaining strong partnerships [3] Upcoming Events - Magnera will participate in the 2025 Mizuho Industrials & Chemicals Conference in New York, with CFO Jim Till and EVP Robert Weilminster hosting one-on-one meetings with institutional investors on August 13, 2025 [1]
Magnera to Report 2025 Third Quarter Results on August 6th
Globenewswire· 2025-07-15 14:00
Company Overview - Magnera Corporation (NYSE: MAGN) serves over 1,000 customers globally, providing a diverse range of material solutions including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products for the food and beverage industry [3] - The company operates across 46 production facilities and is supported by more than 9,000 employees worldwide [3] Upcoming Financial Results - Magnera is set to release its 2025 third quarter results before trading on the New York Stock Exchange on August 6, 2025 [1] - A conference call to discuss the financial results will take place at 10:00 a.m. ET on the same day, with options for Q&A and a webcast available [2] Company Mission and History - Magnera's mission is to improve the world by providing new possibilities through material solutions, having delivered these solutions for over 160 years [4] - The company has consistently adapted to economic challenges, global pandemics, and changing customer needs, maintaining strong partnerships and a comprehensive product portfolio [4]
Magnera Corporation set to join Russell 3000® Index
Globenewswire· 2025-06-10 12:52
Core Points - Magnera Corporation will be added to the Russell 3000 Index, effective after the U.S. market closes on June 27, 2025 [1] - The Russell 3000 Index represents approximately 98% of investable U.S. equities by market capitalization, including large-cap, mid-cap, small-cap, and some microcap stocks [2] Company Overview - Magnera Corporation serves over 1,000 customers globally, providing a diverse range of material solutions, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and food and beverage industry products [3] - The company operates across 46 production facilities and is supported by more than 9,000 employees worldwide [3] - With a history of over 160 years, Magnera has consistently adapted to economic challenges, global pandemics, and changing customer needs, focusing on delivering material solutions that help partners thrive [4]