Smurfit Westrock Plc

SW
Sector

Consumer Discretionary

Industry

Packaging & Containers

Market Cap

$27.66B

Employees

47K

Company Overview

Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box. It also produces linerboard and corrugated medium, paperboard, and non-packaging grades of paper, as well as converted products, such as folding cartons and corrugated boxes, and other products; recycled paper-based packaging products; and packaging machinery. The company primarily serves food and beverage, e-commerce, retail, consumer goods, industrial, and foodservice markets. Smurfit Westrock Plc was founded in 1934 and is headquartered in Dublin, Ireland.

Filing Highlights

Key insights and themes extracted from this filing

7 Themes

Financial Performance

3 Insights

Net sales increased by $4,756 million to $7,671 million for the three months ended September 30, 2024, and $4,339 million to $13,570 million for the nine months ended September 30, 2024. The WestRock acquisition contributed $4,684 million to these increases.

Net loss attributable to common stockholders was $(150) million for the three months ended September 30, 2024, compared to net income of $229 million for the same period in 2023. This decrease is attributed to increased transaction and integration-related expenses and amortization of fair value step-up on inventory.

Net cash provided by operating activities decreased by $246 million to $702 million for the nine months ended September 30, 2024, from $948 million in 2023. This decline is primarily due to increased outflows in operating assets and liabilities and a decrease in net income adjusted for non-cash items.

Growth & Strategy

2 Insights

Management Execution

2 Insights

Risk Factors

3 Insights

Competitive Position

2 Insights

Operational Efficiency

1 Insight

Capital Allocation

2 Insights