Magnera reported its strongest quarter since formation, with fiscal third-quarter revenue of $857 million and adjusted EBITDA of $99 million, up 9% year over year. Organic sales grew 1%, led by wipes and infrastructure products, while Americas adjusted EBITDA rose 16% to $71 million. The company maintained its full-year free-cash-flow outlook of $90 million to $110 million but expects adjusted EBITDA near the low end of its prior range, citing persistent inflation and macroeconomic uncertainty. Magnera also lowered expected annual capital expenditures to about $60 million and anticipates roughly $20 million of run-rate synergies and Project CORE benefits to carry into fiscal 2027.
Magnera Corp placeholderStrongest quarter since formation with revenue of $857 million and adjusted EBITDA up 9% year over year.