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Capital & Financial MarketsPortfolio & Strategy 29 Oct 2026

Smurfit Westrock guides to USD 4.7bn 2026 EBITDA on USD 700m extra freight and energy costs

Smurfit Westrock reported third-quarter 2026 sales of USD 8.161bn and adjusted EBITDA of USD 1.205bn, a 14.8% margin, with cost inflation and softer converting volumes weighing on results. It expects full-year 2026 adjusted EBITDA of approximately USD 4.7bn, citing about USD 700m of additional freight and energy costs, and fourth-quarter adjusted EBITDA of approximately USD 1.3bn. Price increases across paper grades are being passed through, with the full benefit expected in 2027.

Why this mattersUSD 700m of freight and energy inflation at Smurfit Westrock, with price increases fully recovered only in 2027, shows containerboard pricing trailing cost inflation into next year.

  • Full-year 2026 adjusted EBITDA forecast at approximately USD 4.7bn, citing about USD 700m of additional freight and energy costs
  • Q3 2026 sales USD 8.161bn, net income USD 219m, adjusted EBITDA USD 1.205bn (14.8% margin)
  • Fourth-quarter 2026 adjusted EBITDA outlook approximately USD 1.3bn
  • Days-adjusted corrugated volumes down 3.4% in North America and 1.8% in Latin America, up 0.4% in EMEA & APAC
  • Agreed during Q3 to acquire CMPC's Chilean containerboard assets
  • Quarterly dividend of USD 0.4523 per share payable 10 December 2026 to shareholders registered on 13 November
Smurfit Westrock CMPC counterparty
Sources papnews.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-30 · Edited before publication: Source gives a 2026 adjusted EBITDA forecast of about USD 4.7bn but no prior guidance, so 'cut' is ungrounded. 'Largest containerboard producer' is not in the source. Headline, summary, key facts and why-it-matters rewritten; dividend record date added.