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Tredegar (TG) investor relations material
Tredegar Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net income from ongoing operations was $9.2M ($0.26 per share) in Q3 2025, up from $0.2M ($0.01 per share) in Q3 2024; net income from continuing operations was $7.1M ($0.20 per share), reversing a loss of $3.4M in Q3 2024.
Net sales for Q3 2025 were $194.9M, a 33% increase from $146.1M in Q3 2024.
Consolidated EBITDA from ongoing operations reached $18.1M in Q3 2025, up from $6.8M in Q3 2024.
Both business units reported improved results; Aluminum Extrusions resolved manufacturing inefficiencies and PE Films continued strong cash generation.
Net debt declined to $36.2M at September 30, 2025, from $54.8M at year-end 2024.
Financial highlights
Diluted EPS from ongoing operations was $0.26 in Q3 2025, up from $0.01 in Q3 2024; diluted EPS from continuing operations was $0.20, compared to $(0.10) in Q3 2024.
For the first nine months of 2025, net sales reached $538.8M, up from $428.2M in the same period of 2024.
Gross profit margin improved to 16.0% in Q3 2025 from 12.4% in Q3 2024.
Cash flows from operations for the first nine months were $17.3M, up from $6.1M in the prior year; capital expenditures totaled $9.2M.
Net debt as of September 30, 2025, was $36.2M; total debt was $49.5M; cash and equivalents were $13.3M.
Outlook and guidance
Cost reduction opportunities are being evaluated, with benefits expected to begin in 2026.
Capital expenditures for 2025 are projected at $17M for Aluminum Extrusions and $2M for PE Films.
Management expects sufficient liquidity for at least the next 12 months, with $13.3M in cash and $72.5M available under the ABL Facility as of September 30, 2025.
Surface Protection volume growth in PE Films is expected to moderate for the remainder of the year.
Management remains cautious on net new order activity, especially in aluminum extrusions, due to ongoing tariff and market uncertainties.
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