Magnera Reports Third Quarter Results
Magnera reported third-quarter net sales of $857 million, up 2% year-over-year, with operating income rising to $22 million from $13 million in the prior year. Adjusted EBITDA increased 9% to $99 million, driven by organic volume growth and synergy benefits from Project Core and the Glatfelter merger, which helped offset raw material inflation.
Key figures
- Revenue
- 857000000
- Guidance
- Full-year free cash flow outlook reaffirmed; adjusted EBITDA guidance maintained at lower end of range
- Revenue Yoy
- 2%
- Fcf yield
- >25%
- Adj ebitda
- 99000000
- Operating income
- 22000000
- Ytd free cash flow
- 32000000
AI analysis
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