Magnera | 8-K: FY2025 Q2 Revenue: USD 824 M

Revenue: As of FY2025 Q2, the actual value is USD 824 M.

EPS: As of FY2025 Q2, the actual value is USD -1.15.

Segment Revenue

• Net Sales: Magnera Corporation reported net sales of $824 million for the second quarter of fiscal 2025, marking a 48% increase from the previous year. This increase was primarily driven by the Glatfelter merger, which contributed $311 million, although it was partially offset by a $26 million unfavorable impact from foreign currency changes and decreased selling prices of $14 million.

Operational Metrics

• Operating Income: Operating income for the second quarter of fiscal 2025 was $4 million, down from $21 million in the same period of the previous year.
• Adjusted EBITDA: Adjusted EBITDA for the quarter was $89 million, representing a 17% increase from the previous year, with contributions from the Glatfelter merger amounting to $18 million.
• Net Income: The company reported a net loss of $41 million for the quarter, compared to a net income of $14 million in the same period of the previous year.

Cash Flow

• Operating Cash Flow: Cash flow from operating activities was $65 million for the March quarter.
• Free Cash Flow: Post-merger adjusted free cash flow was $42 million for the quarter.

Unique Metrics

• Debt and Leverage: Total net debt was reported at $1,716 million with a leverage ratio of 3.9x.

Outlook / Guidance

• Magnera Corporation reaffirmed its post-merger adjusted free cash flow range and lowered its full-year comparable adjusted EBITDA range. The company expects full-year comparable adjusted EBITDA to be between $360 million and $380 million, and post-merger adjusted free cash flow to be between $75 million and $95 million.