SMURFIT Westrock has announced its financial results for Q3 2025, which revealed a rise in net sales from $7,671 million to $8,003 million compared with the same period 12 months earlier.
Net income for the quarter was $245 million, with a net income margin of 3.1%. Adjusted EBITDA was $1,302 million, with an adjusted EBITDA margin of 16.3%. Net cash provided by operating activities was reported as $1,133 million.
Smurfit Westrock announced that its board approved a quarterly dividend of $0.4308 per share on its ordinary shares.
Tony Smurfit, president and CEO, said, “I am pleased to report that for the third quarter, we delivered in-line with our adjusted EBITDA guidance. This performance was driven by the continued operational and commercial improvements in our North American business and our strong positions in EMEA and APAC and Latin America.
“We are reporting net income of $245 million and adjusted EBITDA of $1,302 million, with an adjusted EBITDA margin of 16.3% and a strong net cash provided by operating activities of $1,133 million.
“The operational and commercial improvement in our North American business is increasingly evident, with an adjusted EBITDA of $810 million and an adjusted EBITDA margin of 17.2% for the quarter. The North American mill system demonstrated a strong operational performance in the quarter. Our corrugated operations continue to focus on value over volume and exiting uneconomic business. This approach, together with our focus on delivering innovation, quality and service for our customer base, has delivered a strong improvement in returns.
“Our consumer business also continues to improve as a result of already implemented restructurings, utilising the full breadth of our paper portfolio and a unique and innovative product offering. We believe we are one of the market leaders in EMEA and APAC, where we have once again demonstrated good returns despite a difficult market backdrop to deliver adjusted EBITDA of $419 million with an adjusted EBITDA margin of 14.8%. As a result of our integrated model, our mill system continues to run close to full utilisation.
“While the backdrop from a paper supply perspective remains challenging, our value-added proposition in our packaging business is reflected in the resilience of our margin despite the softer demand environment. We believe the EMEA and APAC region is well positioned to benefit from improved demand, supported by a well invested asset base and strong market positions.”
