Magnera FY26 Q3 adjusted EBITDA rises 9% to $99 million; GAAP net sales increase 2% to $857 million
Reuters2026/08/05 22:41- Magnera posted GAAP net sales of USD 857 million in the June quarter, up 2% year over year.
- GAAP operating income rose to USD 22 million; GAAP net loss widened to USD 20 million, with a loss per share of USD 0.56.
- Non-GAAP adjusted EBITDA climbed 9% to USD 99 million.
- Net sales growth reflected USD 21 million of favorable foreign exchange, a 1% organic volume gain, partly offset by an USD 8 million price decline.
- Curt Begle said results set a record third quarter on organic volume growth and synergy savings; Magnera reaffirmed its full-year free cash flow outlook.
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