From Zacks Investment Research: 2025-05-14 15:00:00

Shares of Tredegar Corporation (TG) have risen 3.8% since reporting Q1 2025 earnings, compared to the S&P 500’s 4.5% growth. Net sales increased 14.4% to $164.7 million, but net income from continuing operations fell to $0.7 million. Aluminum Extrusions saw net sales rise 17% to $133.6 million, while PE Films delivered an 8.9% EBITDA improvement to $7.5 million. CEO John Steitz noted a recovery in Bonnell Aluminum and strategic positioning amidst global trade developments. Factors behind the figures included increased SG&A costs and favorable sales mix. Tredegar forecasts $17 million in capital expenditures for Bonnell Aluminum and $3 million for PE Films in 2025. Total debt decreased to $56.6 million as of March 31, 2025, with a net leverage ratio of 1.1x. The company refinanced its $125 million asset-based lending facility for continued liquidity. Additionally, Tredegar completed the sale of its Terphane business, receiving $9.8 million from a post-closing settlement.



Read more at Zacks Investment Research: Tredegar Q1 Earnings Down Y/Y as Aluminum Costs Weigh on Margins – May 14, 2025