Smurfit Westrock Reports $7.94 Billion in Q2 2025 Sales, Faces $28 Million Net Loss

Smurfit Westrock plc reported significant financial results for the second quarter of 2025, reflecting the impact of its recent acquisition of WestRock. The company achieved net sales of $7.94 billion for the three months ending June 30, 2025, a substantial increase from $2.97 billion in the same period last year. For the first half of 2025, net sales reached $15.60 billion, up from $5.90 billion in the prior year. The acquisition of WestRock contributed approximately $4.84 billion to the quarterly sales and $9.58 billion to the half-year results, underscoring the transformative nature of this merger.

Despite the increase in revenue, Smurfit Westrock reported a net loss attributable to common shareholders of $28 million for the second quarter, a decline from a profit of $132 million in the same quarter of 2024. However, net income for the first half of 2025 rose to $356 million, compared to $323 million in the previous year. The quarterly loss was primarily attributed to $280 million in impairment and restructuring costs related to the closure of certain facilities, including a coated recycled board mill in Minnesota and a containerboard mill in Texas.

Operationally, the company has seen a notable increase in its Adjusted EBITDA, which reached $1.21 billion for the second quarter, compared to $480 million in the same period last year. The North America segment was particularly strong, with net sales increasing to $4.76 billion, driven largely by the WestRock acquisition. The Europe, MEA, and APAC segment also reported growth, with sales of $2.78 billion, while the LATAM segment contributed $518 million.

In terms of operational metrics, Smurfit Westrock's total assets increased to $45.75 billion as of June 30, 2025, up from $43.76 billion at the end of 2024. The company’s employee headcount has also grown, reflecting the integration of WestRock's workforce. The company continues to focus on optimizing its operations post-acquisition, with plans to enhance profitability through cost reductions and efficiency improvements.

Looking ahead, Smurfit Westrock remains optimistic about its growth trajectory, driven by the synergies expected from the WestRock merger. The company anticipates that the integration will yield significant operational efficiencies and cost savings, although it acknowledges potential challenges from market conditions, including inflation and supply chain disruptions. The management is committed to navigating these challenges while leveraging its expanded scale and product portfolio to enhance shareholder value.