Smurfit Westrock posts $150 million Q3 net loss as sales rise to $7.7 billion
Smurfit Westrock reported third-quarter 2024 net sales of $7,671 million, up from $2,915 million a year earlier, after its combination with WestRock closed on July 5, 2024. The company swung to a net loss of $150 million, compared with net income of $229 million, which management attributed mainly to transaction-related expenses and purchase accounting adjustments of approximately $500 million. The company also expects 2024 full-year combined Adjusted EBITDA of approximately $4.7 billion.
Key points
- Net sales of $7,671 million in Q3 2024 versus $2,915 million in Q3 2023
- Net loss of $150 million (negative 2.0% margin) versus net income of $229 million (7.8% margin)
- Adjusted EBITDA of $1,265 million (16.5% margin) versus $525 million (18.0% margin)
- Expects 2024 full-year combined Adjusted EBITDA of approximately $4.7 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.