Net sales rose 51% to USD 839 million, while adjusted EBITDA improved 23% to USD 91 million. CEO Curt Begle highlighted the company’s resilience in challenging market conditions and reaffirmed guidance for both free cash flow and adjusted EBITDA for the full year. “By accelerating revenue through our sales and innovation pipelines, executing our Project CORE program, and delivering on our synergy commitments, we are confident in driving long-term sustainable growth,” Begle said.

The sales boost included USD 320 million in revenue from Glatfelter, partly offset by lower selling prices and modest organic volume declines due to market softness in Europe and import competition in South America. The Americas segment grew on merger contributions but faced pricing pressure and currency impacts, while the Rest of World segment benefited from both merger-driven gains and favorable currency movements.

Magnera is prioritizing debt reduction following the merger, with total net debt at USD 1.72 billion and leverage at 3.9x. Post-merger adjusted free cash flow for the June quarter was negative USD 13 million, but the company reported USD 45 million year-to-date.

Operating across 46 facilities and serving more than 1,000 customers worldwide, Magnera continues to leverage its broad product portfolio – from hygiene materials to protective apparel and specialty construction products – to strengthen its market position and deliver sustainable value creation.