With sales of 7.66 billion US dollars and an Adjusted EBITDA of 1.25 billion US dollars, Smurfit Westrock presents a strong first quarter 2025. The integration of Smurfit Kappa and Westrock is showing initial success.
Smurfit Westrock reports sales of USD 7.656 billion for the first quarter of 2025, a significant increase compared to the same period last year at USD 2.930 billion. Net profit doubled to USD 382 million (previous year: USD 191 million), while the EBITDA margin improved to 16.4 %.
Integration progressing according to plan - focus on synergies
According to the company, it expects synergy effects amounting to USD 400 million, of which USD 350 million will already be realised in the current year. The measures include optimisations in asset management as well as structural cost reductions.
In this context, the closure of 500,000 tonnes of paper capacity in North America and the shutdown of several processing sites have already been announced. At the same time, new, modern production facilities are being built - such as two state-of-the-art mills in Washington and Wisconsin and a bag-in-box site in South Carolina.
Regional development at a glance
- North America: Sales increase to USD 4.578 billion and Adjusted EBITDA of USD 785 million (+16.8 % margin).
- Europe, MEA and APAC: sales of USD 2.576 billion, EBITDA of USD 389 million (margin 15.1 %).
- Latin America: sales of USD 502 million, EBITDA of USD 115 million - with a margin of 22.5 %, the highest figure among the regions.
Investments in sustainability and technology
In Latin America, the sustainability strategy is being driven forward: In Colombia, the construction of a biomass cogeneration plant is nearing completion. Smurfit Westrock is also investing in state-of-the-art production technology in EMEA & APAC to reduce costs and improve the carbon footprint.
Source: Smurfit Westrock
