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Smurfit Westrock (DE:N4U)
FRANKFURT:N4U
Holding DE:N4U?
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.63Last Year’s EPS
€1.14Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: 23.26%
|Next Earnings Date:Feb 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with strong third-quarter performance, successful integration post-merger, and significant operational improvements. While there were some challenges in specific markets like Germany and concerns about additional downtime, the company demonstrated a clear strategy for growth and efficiency. The identification of further potential synergies and a solid plan for capital allocation and dividends further supported the positive outlook.Company Guidance
During the Q3 2024 earnings call for Smurfit Westrock, the company reported a robust performance with adjusted EBITDA reaching $1.265 billion and a margin of 16.5%. The quarter saw net sales close to $7.7 billion and an adjusted free cash flow of almost $120 million. The leadership highlighted the progress made since the merger of Smurfit Kappa and Westrock on July 5, emphasizing strong integration and operational improvements. Notably, the North American segment reported gross sales of $4.6 billion with an adjusted EBITDA margin of 16.8%. Furthermore, the company outlined its capital allocation framework with planned CapEx for 2025 ranging from $2.2 to $2.4 billion, maintaining a focus on internal projects and a progressive dividend policy. Additionally, Smurfit Westrock identified $400 million in hard synergies, with expectations of unlocking similar value through operational and commercial enhancements over the next 18 to 24 months.Strong Third Quarter Performance
Reported an excellent third quarter performance with adjusted EBITDA of $1.265 billion and a margin of 16.5%.
Successful Integration Post-Merger
The integration of Smurfit Kappa and Westrock has been progressing well, with new leadership teams in place and operational improvements underway.
Operational Improvements in North America
North American operations delivered gross sales of $4.6 billion and an adjusted EBITDA margin of 16.8%, with significant margin improvement year-on-year.
Positive Developments in Europe and Latin America
European operations delivered gross sales of $2.7 billion, with volumes up 0.7% on a same-day basis. Strong performance in Latin America with adjusted EBITDA margin above 23%.
Focus on Cost Reduction and Efficiency
Implemented cost-saving measures including reduction of SG&A, use of external consultants, and elimination of 800 positions.
CapEx and Dividend Plans
Planned CapEx for 2025 between $2.2 billion and $2.4 billion, with a commitment to a progressive dividend policy.
Potential for Further Synergies
Identified $400 million in hard synergies with additional potential of at least the same amount through operational improvements.
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DE:N4U Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:N4U Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | €41.05 | €40.55 | -1.21% |
| Jul 30, 2024 | €42.71 | €39.66 | -7.16% |
| Feb 07, 2024 | €31.59 | €33.15 | +4.94% |
| Aug 02, 2023 | €33.27 | €33.40 | +0.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Smurfit Westrock (DE:N4U) report earnings?
Smurfit Westrock (DE:N4U) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Smurfit Westrock (DE:N4U) earnings time?
Smurfit Westrock (DE:N4U) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Smurfit Westrock stock?
The P/E ratio of Smurfit Westrock is 17.7.
What is DE:N4U EPS forecast?
DE:N4U EPS forecast for the fiscal quarter 2024 (Q4) is €0.63.
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